Categories Economy General HIGHLIGHTS Politics CBRT to meet this week for policy rate Cem CetingucPosted on23 May, 2022 Policymakers at Turkey’s Central Bank are set to meet later this week to decide on the key interest rate. … Continue ReadingCBRT to meet this week for policy rate
Categories Economy General HIGHLIGHTS Turkish life standards hit the bottom due to high inflation Cem CetingucPosted on16 May, 2022 Inflation in Turkey hit a two-decade high of almost 70% in April, as prices of … Continue ReadingTurkish life standards hit the bottom due to high inflation
Categories Economy General HIGHLIGHTS Erdoğan pledges to battle high cost of living Cem CetingucPosted on10 May, 2022 Pesident Recep Tayyip Erdoğan on Monday pledged arrangements to boost the purchasing power of lower-income … Continue ReadingErdoğan pledges to battle high cost of living
Categories Economy General HIGHLIGHTS Politics 60 percent of Turkey lost faith in Erdogan: Metropoll survey Cem CetingucPosted on9 May, 20229 May, 2022 Almost 60 percent of Turkish voters do not believe that President Recep Tayyip Erdoğan can … Continue Reading60 percent of Turkey lost faith in Erdogan: Metropoll survey
Categories General HIGHLIGHTS Markets Global warming can wipe out 4 percent of global GDP by 2050 Cem CetingucPosted on27 April, 202227 April, 2022 Climate change could see 4% of global annual economic output lost by 2050 and hit … Continue ReadingGlobal warming can wipe out 4 percent of global GDP by 2050
Categories Economy General HIGHLIGHTS President: Turkey is taking steps to achieve economic targets Cem CetingucPosted on4 April, 2022 Turkey is taking steps to achieve its economic targets while the world is shaken by problems, … Continue ReadingPresident: Turkey is taking steps to achieve economic targets
Categories Economy General HIGHLIGHTS Politics Trade Minister: Price inspections will carry on Cem CetingucPosted on1 April, 2022 Officials will conduct inspections at businesses to check prices after a government decision to reduce the … Continue ReadingTrade Minister: Price inspections will carry on
Categories Economy Finance General HIGHLIGHTS Macro Snapshot: Consumer Confidence Index Cem CetingucPosted on23 March, 2022 CCI increased by 1.9% to 72.5 in March (February: 71.2, -2.8% MoM). Despite there was … Continue ReadingMacro Snapshot: Consumer Confidence Index
Categories Economy Finance General HIGHLIGHTS Y.F. Macro Focus: CBRT’s advance dividend and reserve funds supported budget Cem CetingucPosted on15 March, 2022 In February, budget gave a surplus of TRY69.7bn (Feb.21: TRY-23.2bn, Jan.22: TRY+30bn). Despite, there was no … Continue ReadingY.F. Macro Focus: CBRT’s advance dividend and reserve funds supported budget
Categories Economy General HIGHLIGHTS Price hikes rain hellfire down on Turkish consumers Cem CetingucPosted on9 March, 2022 Price hikes rain hellfire down on Turkish consumers In his recent statement to the Turkish … Continue ReadingPrice hikes rain hellfire down on Turkish consumers
Categories Business Company & Industry Emerging Markets General HIGHLIGHTS Turkish companies have the potential to double in value Cem CetingucPosted on9 March, 202211 March, 2022 According to CompaniesMarketCap data, Turkish companies generate 0.20 percent of the total turnover and 0.21 … Continue ReadingTurkish companies have the potential to double in value
Categories Economy General HIGHLIGHTS Soaring cost of living due to high inflation torments citizens of Istanbul Cem CetingucPosted on6 March, 2022 In Istanbul, Turkey’s financial hub and largest city, a wide range of job opportunities and … Continue ReadingSoaring cost of living due to high inflation torments citizens of Istanbul
Categories Economy General HIGHLIGHTS 37 percent of population cannot afford meat in Turkey: Eurostat Cem CetingucPosted on4 March, 2022 Turkey is the primary country in Europe on the list, where 37% of the population … Continue Reading37 percent of population cannot afford meat in Turkey: Eurostat
Categories Company & Industry Economy HIGHLIGHTS Macro Snapshot: Foreign Trade Statistics Cem CetingucPosted on1 March, 2022 Foreign trade deficit increased by 234.9% YoY to USD10.3bn in January (Dec.21: USD-6.8bn, Jan.21: USD-3.1bn) … Continue ReadingMacro Snapshot: Foreign Trade Statistics
Categories Company & Industry Economy General HIGHLIGHTS What does Russia-Ukraine crisis mean for Turkish economy? Cem CetingucPosted on25 February, 2022 Ukraine and Russia are two important partners of Turkey in tourism, import of agricultural products, … Continue ReadingWhat does Russia-Ukraine crisis mean for Turkish economy?
Categories Economy General HIGHLIGHTS Politics Are Turkey’s efforts to fix the economy working? Cem CetingucPosted on20 January, 2022 Turkey’s government and central bank have taken unconventional steps in recent weeks to prop up … Continue ReadingAre Turkey’s efforts to fix the economy working?
Categories Economy General HIGHLIGHTS Turkish economy 2022 outlook: What is the playbook for inflation? Cem CetingucPosted on29 December, 202130 December, 2021 2021 was a year with rising inflation and an economic slowdown. If the recovery in … Continue ReadingTurkish economy 2022 outlook: What is the playbook for inflation?
Categories Economy General HIGHLIGHTS Foreigner shopping craze in Turkey due to Turkish Lira crash Cem CetingucPosted on22 December, 202122 December, 2021 The sea of Bulgarian buses parked outside a market in Turkey’s historic city of Edirne … Continue ReadingForeigner shopping craze in Turkey due to Turkish Lira crash
Categories Business Company & Industry Economy Finance HIGHLIGHTS The liquidity threat looming over markets in 2022 Cem CetingucPosted on17 December, 2021 After nearly two years of solid gains across stock markets, will the feared roller-coaster return? … Continue ReadingThe liquidity threat looming over markets in 2022
Categories Economy Finance HIGHLIGHTS Politics UPDATE (TL slump) CBRT cuts interest rates by 100 basis points Cem CetingucPosted on16 December, 202117 December, 2021 AP: Turkish lira dips to new low after another interest rate cut The Turkish lira hit … Continue ReadingUPDATE (TL slump) CBRT cuts interest rates by 100 basis points
