Categories Economy General HIGHLIGHTS Consumer confidence index deteriorated in February Cem CetingucPosted on22 February, 202422 February, 2024 Consumer morale in Türkiye deteriorated in February for the first time since August amid declines … Continue ReadingConsumer confidence index deteriorated in February
Categories Economy HIGHLIGHTS Politics Turkey’s local election campaigns contributes to economy Cem CetingucPosted on22 February, 202422 February, 2024 Thousands of candidates vying for posts in the upcoming local elections are expected to contribute a substantial … Continue ReadingTurkey’s local election campaigns contributes to economy
Categories Business Economy HIGHLIGHTS Turkish foreign direct investments exceed $10 billion in 2023 Atilla YeşiladaPosted on20 February, 202422 February, 2024 Türkiye saw foreign direct investments (FDI) exceed $10 billion (TL 307.23 billion) throughout 2023, a … Continue ReadingTurkish foreign direct investments exceed $10 billion in 2023
Categories General Emerging markets growth speeds up in 2024 Cem CetingucPosted on15 February, 2024 A third consecutive monthly acceleration in global output growth was supported by faster emerging market … Continue ReadingEmerging markets growth speeds up in 2024
Categories Economy HIGHLIGHTS New Central Bank Governor pledges to continue tight monetary stance Cem CetingucPosted on8 February, 2024 New Central Bank Governor Fatih Karahan has said that the bank will maintain its tight monetary stance until … Continue ReadingNew Central Bank Governor pledges to continue tight monetary stance
Categories Business Economy HIGHLIGHTS Trade Ministry : 45 Turkish provinces increased its exports in January Cem CetingucPosted on7 February, 2024 Exports from 45 of Türkiye’s 81 provinces increased in January compared to the same month of the … Continue ReadingTrade Ministry : 45 Turkish provinces increased its exports in January
Categories Economy HIGHLIGHTS TUIK: Majority in Turkey unable to afford week-long holiday Cem CetingucPosted on6 February, 20246 February, 2024 While Turkey’s wealthiest top 20 percent earned nearly half of the country’s total income in … Continue ReadingTUIK: Majority in Turkey unable to afford week-long holiday
Categories Economy HIGHLIGHTS Markets Turkish foreign trade gap narrows by 3.2 percent in 2023 Cem CetingucPosted on6 February, 2024 Türkiye’s foreign trade deficit narrowed by 3.2% year-over-year in 2023, official data showed on Wednesday, … Continue ReadingTurkish foreign trade gap narrows by 3.2 percent in 2023
Categories Economy General HIGHLIGHTS Biggest issue is the high cost of living according to Turks Cem CetingucPosted on6 February, 20246 February, 2024 An overwhelming majority of Turks see the high cost of living as the country’s most … Continue ReadingBiggest issue is the high cost of living according to Turks
Categories Economy Finance HIGHLIGHTS Markets Fed keeps interest rates untouched Cem CetingucPosted on1 February, 2024 The U.S. Federal Reserve (Fed) announced Wednesday that it has decided to keep the interest … Continue ReadingFed keeps interest rates untouched
Categories Economy General HIGHLIGHTS Turkey’s consumer confidence index reaches 7-month high Cem CetingucPosted on26 January, 202426 January, 2024 Türkiye’s consumer confidence index in January reached its highest level of the past seven months, … Continue ReadingTurkey’s consumer confidence index reaches 7-month high
Categories Economy General HIGHLIGHTS Türkiye finalizes initial phase of state-run companies reform Cem CetingucPosted on25 January, 202425 January, 2024 Türkiye on Tuesday announced it had completed the initial phase of reforms sought to enhance … Continue ReadingTürkiye finalizes initial phase of state-run companies reform
Categories Economy HIGHLIGHTS HYPED Politics Turkey’s economical concerns ahead of presidential runoff Cem CetingucPosted on17 May, 2023 As the Turkish presidential elections head for a runoff between incumbent Recep Tayyip Erdogan and … Continue ReadingTurkey’s economical concerns ahead of presidential runoff
Categories Economy HIGHLIGHTS Politics The Guardian: Economic crisis in Turkey predicted to worsen following Erdoğan’s victory in the poll Cem CetingucPosted on17 May, 2023 Analysts expect Turkey’s economic crisis to worsen after President Tayyip Erdoğan came top in the first … Continue ReadingThe Guardian: Economic crisis in Turkey predicted to worsen following Erdoğan’s victory in the poll
Categories Economy HIGHLIGHTS Politics Election reckoning for ‘Erdoganomics’ in Turkey Cem CetingucPosted on8 May, 20239 May, 2023 If Turks oust President Tayyip Erdogan in elections this month it will largely be because … Continue ReadingElection reckoning for ‘Erdoganomics’ in Turkey
Categories Economy General HIGHLIGHTS Turkish trade hindered by earthquakes and adverse calendar impact in April Cem CetingucPosted on4 May, 20234 May, 2023 Türkiye’s foreign trade deficit widened in April as exports fell due to the prolonged effect … Continue ReadingTurkish trade hindered by earthquakes and adverse calendar impact in April
Categories Economy General HIGHLIGHTS TurkStat: Inflation falls to 43.68 in April Cem CetingucPosted on3 May, 20233 May, 2023 Annual consumer price inflation in Türkiye fell to 43.68% in April, TurkStat data showed Wednesday, … Continue ReadingTurkStat: Inflation falls to 43.68 in April
Categories Economy Finance HIGHLIGHTS CEO of İş Bankası: ‘Inflation problem will be around for a while’ Cem CetingucPosted on1 May, 20231 May, 2023 The CEO of İş Bankası, Hakan Aran, stated that the inflation problem cannot be resolved … Continue ReadingCEO of İş Bankası: ‘Inflation problem will be around for a while’
Categories Economy HIGHLIGHTS HYPED Turks reluctant to host guests during Eid holiday over economic concerns Cem CetingucPosted on26 April, 2023 Some 69 percent of the Turkish population said they could not set a rich iftar … Continue ReadingTurks reluctant to host guests during Eid holiday over economic concerns
Categories Economy General HIGHLIGHTS April sees 9.2 percent surge in Turkish consumer sentiment Cem CetingucPosted on26 April, 2023 Consumer sentiment in Turkey rose 9.2% to 87.5 points in April, official data showed on … Continue ReadingApril sees 9.2 percent surge in Turkish consumer sentiment
