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 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 Living conditions worsen due to inflation in Turkey despite pay hikes Cem CetingucPosted on13 January, 2023 The government announced a 55-per cent increase in the official minimum wage for 2023 to … Continue ReadingLiving conditions worsen due to inflation in Turkey despite pay hikes
Categories Economy General HIGHLIGHTS Head of Turkish Exporters: FX rate is the real indicator for inflation Cem CetingucPosted on8 December, 20228 December, 2022 The exchange rate should be directly proportional to inflation levels, the head of the Turkish … Continue ReadingHead of Turkish Exporters: FX rate is the real indicator for inflation
Categories Economy General HIGHLIGHTS Politics Erdogan loses ground pre-election as Turkish inflation skyrockets Cem CetingucPosted on8 December, 2022 As Turkey’s annual inflation rate has soared above 80%, families are being forced to stick … Continue ReadingErdogan loses ground pre-election as Turkish inflation skyrockets
Categories General Reasons why Turkish economic model is not sustainable: Research Cem CetingucPosted on16 November, 202217 November, 2022 Expansionary economic policies in Turkey have failed to boost aggregate supply to lower inflation or … Continue ReadingReasons why Turkish economic model is not sustainable: Research
Categories Economy General HIGHLIGHTS CBRT lifts year-end inflation forecast to 65.2 percent Cem CetingucPosted on31 October, 2022 Turkey’s central bank has lifted its inflation forecast for the end of 2022 to 65.2% … Continue ReadingCBRT lifts year-end inflation forecast to 65.2 percent
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 Economy General HIGHLIGHTS HYPED Turkey’s inflation breaks 24-year record at 83 percent Cem CetingucPosted on3 October, 2022 Turkish annual inflation climbed to a new 24-year high of 83.45% in September, below forecast … Continue ReadingTurkey’s inflation breaks 24-year record at 83 percent
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’
