Categories Economy HIGHLIGHTS CBRT maintains 50% interest rate for eighth consecutive time Cem CetingucPosted on22 November, 2024 The Central Bank of Turkey kept its interest rate steady at 50 percent in November, … Continue ReadingCBRT maintains 50% interest rate for eighth consecutive time
Categories Economy HIGHLIGHTS Wells Fargo offers contrarian economic forecast for Turkey in 2025 Cem CetingucPosted on10 October, 2024 Brendan McKenna, an economist at Wells Fargo, offered his perspectives on Türkiye’s economy during his appearance on Bloomberg … Continue ReadingWells Fargo offers contrarian economic forecast for Turkey in 2025
Categories Economy HIGHLIGHTS Steve Hanke: Turkish economy is on the road to fast recovery Cem CetingucPosted on2 October, 2024 World-renowned economist Steve Hanke has shared optimistic projections about Türkiye’s economy, forecasting a significant rise in per capita … Continue ReadingSteve Hanke: Turkish economy is on the road to fast recovery
Categories HIGHLIGHTS HYPED Widespread Discontent: Over 80 percent criticize Türkiye’s economic management across party lines Cem CetingucPosted on5 August, 2024 In a recent “Türkiye’s Pulse July Survey” conducted by Metropoll Research, 81.3% of the Turkish … Continue ReadingWidespread Discontent: Over 80 percent criticize Türkiye’s economic management across party lines
Categories Economy HIGHLIGHTS Investors’ interest in Türkiye is on the rise: Minister Şimşek Cem CetingucPosted on5 July, 20245 July, 2024 Investors’ interest in Türkiye continues to increase thanks to the economic program the government implements, Finance Minister Mehmet … Continue ReadingInvestors’ interest in Türkiye is on the rise: Minister Şimşek
Categories Economy General HIGHLIGHTS Turkey’s Q1 Budget Deficit Surpasses $15.8 Billion Cem CetingucPosted on17 April, 2024 Turkey’s central government budget posted a deficit of 209 billion Turkish liras ($6.5B) in March, … Continue ReadingTurkey’s Q1 Budget Deficit Surpasses $15.8 Billion
Categories Company & Industry Economy General HIGHLIGHTS Turkey’s Manufacturing PMI declines in March Cem CetingucPosted on1 April, 2024 March results of Istanbul Chamber of Industry (ISO) Turkey Manufacturing PMI Survey were announced. … Continue ReadingTurkey’s Manufacturing PMI declines in March
Categories Economy Finance HIGHLIGHTS Türkiye’s short-term external debt stock declines on January Cem CetingucPosted on18 March, 2024 Türkiye’s short-term external debt stock was recorded at $174.9 billion at the end of January, … Continue ReadingTürkiye’s short-term external debt stock declines on January
Categories Economy General HIGHLIGHTS Knight Frank: Turkey Leads Surge in Ultra-Wealthy Population Cem CetingucPosted on15 March, 2024 Türkiye emerged as the frontrunner in the surge of ultra-rich people worldwide last year, according to … Continue ReadingKnight Frank: Turkey Leads Surge in Ultra-Wealthy Population
Categories Economy General HIGHLIGHTS GDP data: Long way to go to rebalance Turkish economy Cem CetingucPosted on10 March, 2024 Turkey’s fourth-quarter GDP data showed that private spending has accelerated despite an increasingly restrictive policy stance … Continue ReadingGDP data: Long way to go to rebalance Turkish economy
Categories Economy General HIGHLIGHTS IMF raises Turkey’s economic growth estimation Cem CetingucPosted on30 January, 202430 January, 2024 The International Monetary Fund (IMF) on Tuesday cited unexpected “resilience” in major advanced and emerging … Continue ReadingIMF raises Turkey’s economic growth estimation
Categories Economy General HIGHLIGHTS Turkey’s consumer confidence index reaches 7-month high Cem CetingucPosted on26 January, 202426 January, 2024 Türkiye’s consumer confidence index in January reached its highest level of the past seven months, … Continue ReadingTurkey’s consumer confidence index reaches 7-month high
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 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 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 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 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 General HIGHLIGHTS HYPED Politics Kavcıoğlu: We aim for ‘long-term solutions’ Cem CetingucPosted on15 September, 2022 The Turkish Central Bank is using a determined strategy to ensure a consistently rising interest in the Turkish … Continue ReadingKavcıoğlu: We aim for ‘long-term solutions’
Categories Economy Finance General HIGHLIGHTS HYPED Politics Bloomberg: Mystery Money Flows into Turkey reach new highs Cem CetingucPosted on14 September, 202214 September, 2022 Mystery capital flows into Turkey have reached new highs, allowing policy makers to boost foreign … Continue ReadingBloomberg: Mystery Money Flows into Turkey reach new highs
Categories Company & Industry Economy Finance HIGHLIGHTS Markets Tech A success story: Turkish gaming withstands economic crisis Cem CetingucPosted on13 September, 202213 September, 2022 Over the last few years, Turkey has become one of the world’s fastest growers in … Continue ReadingA success story: Turkish gaming withstands economic crisis
