Categories Economy HIGHLIGHTS New inflation forecast by Gedik Invest: 69 percent by year-end Atilla YeşiladaPosted on27 July, 2023 We revise our end-2023 CPI inflation forecast to 69% from 55% In July, we expect … Continue ReadingNew inflation forecast by Gedik Invest: 69 percent by year-end
Categories Economy HIGHLIGHTS C/A deficit rises to UDS33bn in June, may reach USD50bn by end-22 Atilla YeşiladaPosted on12 August, 2022 Turkey’s external deficits are becoming unsustainable … Read More >C/A deficit rises to UDS33bn in June, may reach USD50bn by end-22
Categories HIGHLIGHTS Markets Turkish Equities Strategy: State of Turkish markets amidst global recession pricing Atilla YeşiladaPosted on9 August, 2022 Risk appetite remains sour as the global recession debate intensifies In these early phases … Continue ReadingTurkish Equities Strategy: State of Turkish markets amidst global recession pricing
Categories HIGHLIGHTS Markets Turkish Equities: Quarterly Strategy Report: The Impact of Global Slowdown Atilla YeşiladaPosted on21 April, 2022 Russia-Ukraine tension has increased risks of stagflation and even recession As we entered the year … Continue ReadingTurkish Equities: Quarterly Strategy Report: The Impact of Global Slowdown
Categories Economy HYPED Commentary: CPI inflation could test 70% mid-year Atilla YeşiladaPosted on6 April, 2022 CPI inflation at 5.46% comes broadly in line with expectations in March and rises to … Continue ReadingCommentary: CPI inflation could test 70% mid-year
Categories Economy HIGHLIGHTS ANALYSIS: CPI inflation at 4.81% exceeds median expectation and rises further to 54.4% Atilla YeşiladaPosted on4 March, 2022 CPI inflation at 4.81% exceeds median expectation in February and rises to 54.4% in YoY … Continue ReadingANALYSIS: CPI inflation at 4.81% exceeds median expectation and rises further to 54.4%
Categories Business HIGHLIGHTS Markets 2022 Strategy Report: Policy Normalization in the Global Economy, Heterodox Policies in the Turkish Economy Atilla YeşiladaPosted on24 January, 2022 The World economy is shifting to policy normalization after the ultra-loose policy setting of the … Continue Reading2022 Strategy Report: Policy Normalization in the Global Economy, Heterodox Policies in the Turkish Economy
Categories Economy HIGHLIGHTS CPI soars past 36 per cent Atilla YeşiladaPosted on3 January, 2022 CPI inflation significantly exceeded median expectation and rises to 36.1% TurkStat revealed December CPI inflation … Continue ReadingCPI soars past 36 per cent
Categories Economy HIGHLIGHTS Gedik Investment Economist: CPI inflation may exceed 30% soon Atilla YeşiladaPosted on3 December, 2021 COVER Chart: Turkey CPI and domestic PPI in November 2021 CPI inflation exceeds expectations … Continue ReadingGedik Investment Economist: CPI inflation may exceed 30% soon
Categories Economy Commentary: Headline CPI inflation in line, but core inflation considerably high Atilla YeşiladaPosted on5 October, 2021 Both headline CPI inflation and core CPI inflation increased on a YoY basis in September. … Continue ReadingCommentary: Headline CPI inflation in line, but core inflation considerably high
Categories Business Economy HIGHLIGHTS July payrolls: Employment growth continues despite volatility in labour market statistics Atilla YeşiladaPosted on10 September, 2021 Unemployment rate witnesses 1.4% points increase, as workforce participation rate increases this time TURKSTAT … Continue ReadingJuly payrolls: Employment growth continues despite volatility in labour market statistics
Categories Economy HIGHLIGHTS Government’s priority for 2022-2024 likely to be “GDP growth” Atilla YeşiladaPosted on7 September, 2021 The new economy program for 2022-2024 has been unveiled The medium-term program for the … Continue ReadingGovernment’s priority for 2022-2024 likely to be “GDP growth”
Categories Economy HYPED Gedik Invest: Revising our 2021 GDP growth estimate to 8.3% from 5.2% Atilla YeşiladaPosted on2 September, 2021 2Q21 GDP growth reaches 21.7%, in line with expectations TurkStat announced that 2Q21 GDP … Continue ReadingGedik Invest: Revising our 2021 GDP growth estimate to 8.3% from 5.2%
Categories Economy HIGHLIGHTS Inveo: Turkey’s current account deficit set to shrink through 2021 Atilla YeşiladaPosted on14 August, 202114 August, 2021 C/A deficit continues to trend down in June and is likely to do so going … Continue ReadingInveo: Turkey’s current account deficit set to shrink through 2021
Categories Economy HYPED Gedik Invest revises its 2021 GDP growth forecast to 4.5% from 3.5% Atilla YeşiladaPosted on31 May, 2021 1Q21 GDP growth at 7.0% slightly exceeds market expectations TurkStat announced that 1Q21 GDP … Continue ReadingGedik Invest revises its 2021 GDP growth forecast to 4.5% from 3.5%
Categories Economy HIGHLIGHTS Turkey: Budget deficit drops to below 2.0% of GDP as of April Atilla YeşiladaPosted on18 May, 2021 Budget deficit drops to below 2.0% of GDP as of April, mainly due to soaring … Continue ReadingTurkey: Budget deficit drops to below 2.0% of GDP as of April
Categories Finance Gedik Invest: Rate cut expectations may be postponed Atilla YeşiladaPosted on6 May, 2021 CBRT kept its policy rate on hold at 19.0%, which is in line with market … Continue ReadingGedik Invest: Rate cut expectations may be postponed
Categories Markets Monthly Equity Strategy: Signs of V-shaped recovery (or not)? Atilla YeşiladaPosted on14 July, 202017 July, 2020 Fast credit growth, the recovery in credit card spending, especially the revival of housing, … Continue ReadingMonthly Equity Strategy: Signs of V-shaped recovery (or not)?
Categories Economy Seker Invest: CPI inflation greatly exceeds market expectations (as in May) Atilla YeşiladaPosted on3 July, 20203 July, 2020 After the release of June inflation data, disappointment spread among economists, some of whom began … Continue ReadingSeker Invest: CPI inflation greatly exceeds market expectations (as in May)
Categories Business Economy Turkey: Signs of V-shaped recovery (or not)? Atilla YeşiladaPosted on25 June, 202027 June, 2020 TURKSTAT announced the manufacturing sector capacity utilization (CU) rate and the real sector confidence index … Continue ReadingTurkey: Signs of V-shaped recovery (or not)?
