Categories Economy HIGHLIGHTS CBRT keeps rate on hold for seventh straight month Cem CetingucPosted on17 October, 2024 As widely expected, Türkiye’s Central Bank has extended its interest-rate pause for a seventh straight month. The bank … Continue ReadingCBRT keeps rate on hold for seventh straight month
Categories Economy HIGHLIGHTS Şimşek predicts inflation to drop to around 30% by early 2025 Cem CetingucPosted on17 September, 2024 Türkiye’s annual inflation will decline around 30 percent in the first quarter of 2025, before … Continue ReadingŞimşek predicts inflation to drop to around 30% by early 2025
Categories Economy HIGHLIGHTS July survey shows continued improvement in inflation expectations Cem CetingucPosted on22 July, 2024 Inflation expectations for the end of 2024 declined from 43.52 percent in June to 42.95 percent … Continue ReadingJuly survey shows continued improvement in inflation expectations
Categories Economy HIGHLIGHTS Finance Minister Şimşek declares inflation peak has passed Cem CetingucPosted on11 July, 2024 The worst is over in inflation, Treasury and Finance Minister Mehmet Şimşek has said, adding that “we … Continue ReadingFinance Minister Şimşek declares inflation peak has passed
Categories Economy HIGHLIGHTS Maximum rent hike sets at 65 percent as per inflation data Cem CetingucPosted on4 July, 20244 July, 2024 As the 25 percent cap on rent hikes expired as of July 2, landlords and … Continue ReadingMaximum rent hike sets at 65 percent as per inflation data
Categories Economy HIGHLIGHTS Inflation Outlook Improves: Minister Şimşek Cem CetingucPosted on20 May, 2024 The positive results of the economic program the government is implementing are reflected in inflation … Continue ReadingInflation Outlook Improves: Minister Şimşek
Categories Economy HIGHLIGHTS Türkiye’s current account deficit expected to shrink: CBRT data Cem CetingucPosted on13 February, 2024 Türkiye ended 2023 with a lower-than-expected current account deficit of nearly $2.1 billion (TL 64.52 … Continue ReadingTürkiye’s current account deficit expected to shrink: CBRT data
Categories Economy Finance HIGHLIGHTS Faith of the Turkish Lira: Can it bounce back? Cem CetingucPosted on26 September, 2022 The USD/TRY exchange rate continued its bullish trend after the divergent paths taken by the Federal … Continue ReadingFaith of the Turkish Lira: Can it bounce back?
Categories Economy General HIGHLIGHTS Politics Erdogan persists on Economic Policy as Turkey’s Inflation Rises, Currency Crashes Cem CetingucPosted on13 January, 202213 January, 2022 Turkey’s economy had a difficult year, with its currency depreciating and inflation skyrocketing. Experts warn … Continue ReadingErdogan persists on Economic Policy as Turkey’s Inflation Rises, Currency Crashes
Categories Economy General CBRT governor remarks… Cem CetingucPosted on29 September, 2021 The governor of the Turkish central bank on Tuesday said he expects pricing behavior to … Continue ReadingCBRT governor remarks…
Categories Company & Industry Economy An Overview of the Turkish Economy in 2021 Cem CetingucPosted on13 July, 2021 Volkan Korkmazer The CBRT inflation target for the end of 2021 is approximately 12% and … Continue ReadingAn Overview of the Turkish Economy in 2021
