Categories Economy HIGHLIGHTS JP Morgan on Turkey: annual inflation gets near the 50% mark as expected Atilla YeşiladaPosted on4 February, 2022 Turkey posted a double-digit monthly inflation for the second consecutive month; this was not seen … Continue ReadingJP Morgan on Turkey: annual inflation gets near the 50% mark as expected
Categories General HIGHLIGHTS (UPDATE: Protests spill over to Eastern provinces) Turks fill streets to protest high cost of living Atilla YeşiladaPosted on4 February, 20225 February, 2022 Impromptu protests against the high cost living spread to more Turkish cities on Friday night. … Continue Reading(UPDATE: Protests spill over to Eastern provinces) Turks fill streets to protest high cost of living
Categories Economy General HIGHLIGHTS Turkish inflation surges to two-decade high of 48.7 percent Güldem AtabayPosted on3 February, 2022 Turkey’s consumer price inflation rate jumped to an annual 48.7 percent in January from 36.1 … Continue ReadingTurkish inflation surges to two-decade high of 48.7 percent
Categories Finance HIGHLIGHTS Markets Bloomberg: Turkey’s Real Rate at Minus 35% Deepens the Gloom for Lira Atilla YeşiladaPosted on3 February, 2022 Traders see a probability of almost 50% that the lira will surpass its record low … Continue ReadingBloomberg: Turkey’s Real Rate at Minus 35% Deepens the Gloom for Lira
Categories HIGHLIGHTS Politics Yetkin blog: Confessions from Erdoğan: Falling apart Atilla YeşiladaPosted on3 February, 2022 What I mean by the confessions is not limited to President Recep Tayyip Erdoğan’s recent … Continue ReadingYetkin blog: Confessions from Erdoğan: Falling apart
Categories Economy HIGHLIGHTS Turkey trade deficit triples in January amidst 55 percent jump in imports Güldem AtabayPosted on2 February, 2022 Turkey’s trade deficit more than tripled in January. The trade deficit widened to $10.4 billion from … Continue ReadingTurkey trade deficit triples in January amidst 55 percent jump in imports
Categories HIGHLIGHTS Politics Arrested ISIS leader in Turkey confesses plans to attack opposition leaders, LGBTI+s, tourists Güldem AtabayPosted on2 February, 2022 The Ankara Chief Public Prosecutor’s Office has filed a case against Kasım Güler, who was … Continue ReadingArrested ISIS leader in Turkey confesses plans to attack opposition leaders, LGBTI+s, tourists
Categories Company & Industry General HIGHLIGHTS Tech Turkey to become top microchip producer amid global shortage Cem CetingucPosted on2 February, 20222 February, 2022 With strong investment and a policy of sustainability, Turkey may be a global center for microchip production, benefiting … Continue ReadingTurkey to become top microchip producer amid global shortage
Categories Business Company & Industry Finance HIGHLIGHTS SISE Buy: Top-line growth to offset margin decline Cem CetingucPosted on2 February, 2022 2022 is mainly about top-line growth. We believe 2021 concluded with firmer operating margins y-o-y … Continue ReadingSISE Buy: Top-line growth to offset margin decline
Categories Business Company & Industry Economy General HIGHLIGHTS Erdoğan announces electricity price adjustment as Turks protest hikes Cem CetingucPosted on2 February, 2022 Turkish President Recep Tayyip Erdoğan announced an adjustment in the calculation of electricity prices after … Continue ReadingErdoğan announces electricity price adjustment as Turks protest hikes
Categories Economy Finance HIGHLIGHTS Turkish Lira: Doomed to devaluation? Cem CetingucPosted on2 February, 2022 For investors in Turkey, December 2021 will go down as the month of the white-knuckle … Continue ReadingTurkish Lira: Doomed to devaluation?
Categories General HIGHLIGHTS HYPED Politics Erdogan seeks payoff from Russia-US clash on Ukraine Cem CetingucPosted on2 February, 2022 Turkish President Recep Tayyip Erdogan will try to leverage his strategic position in NATO and … Continue ReadingErdogan seeks payoff from Russia-US clash on Ukraine
Categories Economy HIGHLIGHTS Markets ‘Erdogan has his head in the sand,’ says analyst on Turkish economy Atilla YeşiladaPosted on2 February, 2022 President Recep Tayyip Erdogan is jeopardizing Turkey’s economy by pursuing an unorthodox economic policy in … Continue Reading‘Erdogan has his head in the sand,’ says analyst on Turkish economy
Categories Economy HIGHLIGHTS January PMI signals sharp slowdown in the manufacturing sector as high inflation hits Güldem AtabayPosted on1 February, 2022 The January PMI data for the Turkish manufacturing sector weakening to 50,5 showed the slowing … Continue ReadingJanuary PMI signals sharp slowdown in the manufacturing sector as high inflation hits
Categories Economy HIGHLIGHTS Politics Further cabinet shuffle in the cards for Erdoğan’s government Güldem AtabayPosted on1 February, 2022 Four more ministers in Turkish President Recep Tayyip Erdoğan’s cabinet may leave their seats after … Continue ReadingFurther cabinet shuffle in the cards for Erdoğan’s government
Categories General HIGHLIGHTS Missed Opportunity: Turkey-Israel Relationship Atilla YeşiladaPosted on1 February, 2022 Missed Opportunity: Turkey-Israel Relationship | Real Turkey Once upon a time Turkey … Continue ReadingMissed Opportunity: Turkey-Israel Relationship
Categories Economy HIGHLIGHTS Turkey’s minimum wage approaching starvation line Güldem AtabayPosted on1 February, 2022 The gap in Turkey between the minimum wage and starvation line has almost almost completely … Continue ReadingTurkey’s minimum wage approaching starvation line
Categories Economy HIGHLIGHTS Turkish central bank to set interest rates on dollar-linked deposits Güldem AtabayPosted on1 February, 2022 Turkey’s central bank will set maximum interest rates to be charged by banks on dollar-linked … Continue ReadingTurkish central bank to set interest rates on dollar-linked deposits
Categories Economy HIGHLIGHTS Istanbul inflation surges to 19-year high to 50.9 percent Güldem AtabayPosted on1 February, 2022 Inflation in Istanbul announced by the Istanbul Chamber of Commerce (ITO) showed January 2022 Wage Earners’ … Continue ReadingIstanbul inflation surges to 19-year high to 50.9 percent
Categories Business Economy Finance HIGHLIGHTS Macro Snapshot: CUR, RSCI and Sectoral Confidence Indices Cem CetingucPosted on1 February, 2022 In January, manufacturing CUR and construction confidence index decreased whereas real sector, service and retail … Continue ReadingMacro Snapshot: CUR, RSCI and Sectoral Confidence Indices
