Categories Economy General HIGHLIGHTS Turkish Statistical Institute: Inflation slows down in November Cem CetingucPosted on5 December, 2022 The annual consumer price inflation eased from 85.5 percent in October to 84.39 percent in … Continue ReadingTurkish Statistical Institute: Inflation slows down in November
Categories Economy General HIGHLIGHTS Politics What is the fate of Turkish economy? Cem CetingucPosted on4 December, 2022 Turkey has major economic challenges to weather. The Turkish Central Bank continues to cut interest … Continue ReadingWhat is the fate of Turkish economy?
Categories Economy Finance HIGHLIGHTS HYPED Pressure on Erdogan rises: Turkish economy on a free fall Cem CetingucPosted on30 November, 2022 Turkey’s economy fared worse than forecast as it grew at the slowest pace since a … Continue ReadingPressure on Erdogan rises: Turkish economy on a free fall
Categories Economy Emerging Markets General HIGHLIGHTS Syrian economy plummets as internal conflict continues Cem CetingucPosted on29 November, 20223 December, 2022 In a month, the US dollar appreciated about 13 percent against the Syrian pound,” Benjamin … Continue ReadingSyrian economy plummets as internal conflict continues
Categories Business Economy HIGHLIGHTS Turkey’s trade deficit rose 422 percent in October on energy bill Cem CetingucPosted on29 November, 202229 November, 2022 Turkey’s foreign trade deficit jumped by a whopping 421.7% year-over-year in October, official data showed … Continue ReadingTurkey’s trade deficit rose 422 percent in October on energy bill
Categories Economy Emerging Markets HIGHLIGHTS Markets Japanese bank warns 7 EM’s face risk of currency crisis Cem CetingucPosted on26 November, 2022 Nomura has warned that seven countries – Egypt, Romania, Sri Lanka, Turkey, Czech Republic, Pakistan … Continue ReadingJapanese bank warns 7 EM’s face risk of currency crisis
Categories Economy General HIGHLIGHTS Unemployment rate in Turkey increases to 10.1 percent Cem CetingucPosted on11 November, 2022 Turkey’s unemployment rate rose 0.3 percentage points month-on-month to 10.1% in September, while a seasonally … Continue ReadingUnemployment rate in Turkey increases to 10.1 percent
Categories Economy Finance HIGHLIGHTS Markets Turkey and rest of Middle East suffer from US rate hike Cem CetingucPosted on11 November, 2022 The United States’ decision to increase interest rates is putting pressure on economies in the Middle East, … Continue ReadingTurkey and rest of Middle East suffer from US rate hike
Categories Economy General HIGHLIGHTS ENAG: Turkey’s inflation is almost 200 percent Cem CetingucPosted on6 November, 20226 November, 2022 Inflation has skyrocketed in Turkey as official figures from the Turkish Statistical Institute (Tüik) show … Continue ReadingENAG: Turkey’s inflation is almost 200 percent
Categories Company & Industry Economy Finance General HIGHLIGHTS Turan: Access to loan gets more difficult on a daily basis Cem CetingucPosted on30 October, 2022 Turkey’s leading TÜSİAD business association chair Orhan Turan has said that access to loan is … Continue ReadingTuran: Access to loan gets more difficult on a daily basis
Categories Economy General HIGHLIGHTS HYPED Turkstat: Economic confidence index advanced by 3 percent in October Cem CetingucPosted on30 October, 202230 October, 2022 The economic confidence index advanced by 3 percent in October from September to 97.1, the Turkish Statistical Institute … Continue ReadingTurkstat: Economic confidence index advanced by 3 percent in October
Categories Economy General HIGHLIGHTS September: Turkish trade deficit surges 268 percent Cem CetingucPosted on30 October, 2022 Turkey’s foreign trade deficit surged 268.1% year-on-year to $9.60 billion in September, with imports climbing … Continue ReadingSeptember: Turkish trade deficit surges 268 percent
Categories Company & Industry Finance General HIGHLIGHTS Turkish banks heavily concerned about new monetary rules Cem CetingucPosted on27 October, 202227 October, 2022 Turkish bank executives raised concerns with authorities this week that a year of new rules … Continue ReadingTurkish banks heavily concerned about new monetary rules
Categories Economy General HIGHLIGHTS HYPED Economic crisis hits Turkish youth hard Cem CetingucPosted on18 October, 202218 October, 2022 Inflation has risen at such a rapid rate in Turkey that people have a hard … Continue ReadingEconomic crisis hits Turkish youth hard
Categories Economy General HIGHLIGHTS Markets WTO: Global trade slows down drastically, recession is closer than ever Cem CetingucPosted on6 October, 20226 October, 2022 The World Trade Organization (WTO) on Wednesday sharply trimmed its global trade growth forecast for … Continue ReadingWTO: Global trade slows down drastically, recession is closer than ever
Categories General Turkey’s exports rise 9.2 percent in September Cem CetingucPosted on4 October, 2022 Turkey’s exports climbed 9.2% year-over-year in September, while imports jumped much higher, the country’s trade … Continue ReadingTurkey’s exports rise 9.2 percent in September
Categories Economy Finance General HIGHLIGHTS HYPED Turkey prevented economic collapse through own measures: Erdoğan Cem CetingucPosted on2 October, 2022 President Recep Tayyip Erdoğan on Friday said Türkiye had foiled what he said were traps … Continue ReadingTurkey prevented economic collapse through own measures: Erdoğan
Categories Economy General HIGHLIGHTS Politics What would happen to Turkish economy if Syrians left? Cem CetingucPosted on28 September, 202228 September, 2022 Alaeddin Şengüler, a Turkish economic analyst and a member of the Independent Turkish Industrialists and Businessmen … Continue ReadingWhat would happen to Turkish economy if Syrians left?
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 Erdoğan claims inflation is not an ‘insurmountable economic threat’ Cem CetingucPosted on26 September, 202226 September, 2022 Inflation is not an “insurmountable economic threat,” President Recep Tayyip Erdoğan said Monday, adding it … Continue ReadingErdoğan claims inflation is not an ‘insurmountable economic threat’
