Categories Economy Finance General HIGHLIGHTS Macro Snapshot: Manufacturing PMI remained stable at 49.2 in May Cem CetingucPosted on2 June, 2022 Manufacturing PMI remained stable at 49.2 in May and continued to stay at the contractionary … Continue ReadingMacro Snapshot: Manufacturing PMI remained stable at 49.2 in May
Categories Economy Finance General HIGHLIGHTS Y.F. Macro Focus: Transfers to FX protected deposit accounts and SOEs put downward pressure Cem CetingucPosted on16 May, 2022 In April, budget gave a deficit of TRY50.2bn (Apr.21: TRY-16.9bn, Mar.22: TRY-69bn). Despite, there was no … Continue ReadingY.F. Macro Focus: Transfers to FX protected deposit accounts and SOEs put downward pressure
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 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 Business Economy Finance HIGHLIGHTS Macro Snapshot: CUR, RSCI and Sectoral Confidence Indices Cem CetingucPosted on1 February, 2022 In January, manufacturing CUR and construction confidence index decreased whereas real sector, service and retail … Continue ReadingMacro Snapshot: CUR, RSCI and Sectoral Confidence Indices
Categories Economy Finance HIGHLIGHTS Y.F. Macro Focus: CA gave deficit again after 3-month long surpluses Cem CetingucPosted on13 January, 2022 In November , the CA posted a monthly deficit of USD2.7bn (Consensus: USD -2.2bn, YF: … Continue ReadingY.F. Macro Focus: CA gave deficit again after 3-month long surpluses
Categories Economy Finance HIGHLIGHTS Macro Snapshot: Consumer Confidence Index Cem CetingucPosted on22 December, 2021 In December, CCI decreased by 3.1% MoM to 68.9 (November: 71.1) which was the lowest … Continue ReadingMacro Snapshot: Consumer Confidence Index
Categories Economy Finance HIGHLIGHTS Macro Snapshot: Outstanding External Loans Received by Private Sector Cem CetingucPosted on16 December, 2021 In October, private sectors’ outstanding ST debt (included trade credits) increased by USD6.4bn to USD48.6bn … Continue ReadingMacro Snapshot: Outstanding External Loans Received by Private Sector
Categories Economy General HIGHLIGHTS Macro Snapshot: CBRT Survey of Market Participants Cem CetingucPosted on14 December, 2021 MoM expectations for next 3 months indicates that the monthly CPI data would remarkably above … Continue ReadingMacro Snapshot: CBRT Survey of Market Participants
Categories Economy HIGHLIGHTS Macro Focus: In 10M21, only 1/3 of the budget deficit target completed Cem CetingucPosted on15 November, 2021 In October, budget gave a deficit of TRY17.4bn (Oct.20: TRY-4.9bn, Sep.21: TRY-23.6bn). Despite, there was no … Continue ReadingMacro Focus: In 10M21, only 1/3 of the budget deficit target completed
Categories Economy Finance Macro Focus: High single or double digit level of economic growth probable in 3Q21 Cem CetingucPosted on12 November, 2021 In September, IP decreased by 1.5% MoM, but increased by 8.9% YoY. According to the consensus, … Continue ReadingMacro Focus: High single or double digit level of economic growth probable in 3Q21
Categories Economy Finance Macro Focus: CA surplus continued for the second month in a row Cem CetingucPosted on12 November, 2021 In September, the CA posted a monthly surplus of USD1.7bn (Consensus: USD +1.3bn, YF: USD … Continue ReadingMacro Focus: CA surplus continued for the second month in a row
Categories Economy Macro Snapshot: Foreign Trade Statistics Cem CetingucPosted on1 October, 2021 Foreign trade deficit decreased by 32.4% YoY to US4.3bn in August and decreased by 4.2% … Continue ReadingMacro Snapshot: Foreign Trade Statistics
Categories Economy Finance Macro Focus: IP, June 2021: IP figures indicate a strong growth in Q2 Cem CetingucPosted on15 August, 202115 August, 2021 In June, IP increased by 2.3% MoM and 23.9% on a YoY. According to the consensus, … Continue ReadingMacro Focus: IP, June 2021: IP figures indicate a strong growth in Q2
Categories Economy Finance Macro Focus: IP, March 2021: Stronger course than expected in Q1 Cem CetingucPosted on15 May, 2021 In March, IP increased by 0.7% MoM and 16.6% on a YoY. According to the consensus, … Continue ReadingMacro Focus: IP, March 2021: Stronger course than expected in Q1
Categories Economy General Macro Focus: Recovery trend continues despite momentum loss Cem CetingucPosted on14 April, 202114 April, 2021 In February, IP increased by 0.1% MoM and 8.8% on a YoY. According to the consensus, … Continue ReadingMacro Focus: Recovery trend continues despite momentum loss