Categories Economy HIGHLIGHTS Reuters: Turkey’s inflation likely to drop below Policy rate in september Cem CetingucPosted on2 October, 2024 ISTANBUL, Sept 30 (Reuters) – Turkey’s annual inflation is expected to continue its decline in … Continue ReadingReuters: Turkey’s inflation likely to drop below Policy rate in september
Categories Economy HIGHLIGHTS Şimşek predicts inflation to drop to around 30% by early 2025 Cem CetingucPosted on17 September, 2024 Türkiye’s annual inflation will decline around 30 percent in the first quarter of 2025, before … Continue ReadingŞimşek predicts inflation to drop to around 30% by early 2025
Categories Economy Güldem Atabay HIGHLIGHTS Güldem Atabay: Inflation- the good, bad, ugly Güldem AtabayPosted on3 September, 2024 The annual inflation rate has dropped from 62% to 52%, largely due to a significant … Continue ReadingGüldem Atabay: Inflation- the good, bad, ugly
Categories Economy HIGHLIGHTS Fund managers anticipate sharp decline in Turkish inflation Cem CetingucPosted on8 August, 2024 Inflation in Türkiye is expected to fall sharply by the end of the year, according … Continue ReadingFund managers anticipate sharp decline in Turkish inflation
Categories Economy HIGHLIGHTS Finance Minister Şimşek declares inflation peak has passed Cem CetingucPosted on11 July, 2024 The worst is over in inflation, Treasury and Finance Minister Mehmet Şimşek has said, adding that “we … Continue ReadingFinance Minister Şimşek declares inflation peak has passed
Categories Economy HIGHLIGHTS TÜİK Chief defends methodology for inflation calculation Cem CetingucPosted on9 July, 20249 July, 2024 The Turkish Statistical Institute (TÜİK) head Erhan Çetinkaya has defended the prices to calculate the … Continue ReadingTÜİK Chief defends methodology for inflation calculation
Categories Economy HIGHLIGHTS (UPDATE: Comments added) Turkey’s annual inflation drops to 71.6, Turkstat decleares Cem CetingucPosted on3 July, 20243 July, 2024 FT/Adam Samson: Turkish inflation cools for first time in 8 months Turkey’s inflation rate … Continue Reading(UPDATE: Comments added) Turkey’s annual inflation drops to 71.6, Turkstat decleares
Categories Economy HIGHLIGHTS Istanbul struggles as inflation and cost of living skyrocket Cem CetingucPosted on14 May, 2024 Business has been sluggish for Ismail Hakki, who owns a once-thriving clothing shop in Istanbul’s … Continue ReadingIstanbul struggles as inflation and cost of living skyrocket
Categories Economy HIGHLIGHTS Inflation will decline after May: Şimşek Cem CetingucPosted on3 May, 20243 May, 2024 Turkey’s annual inflation will begin to decline sharply “in line with our predictions” after it … Continue ReadingInflation will decline after May: Şimşek
Categories Economy HIGHLIGHTS Turkish inflation nears 70 percent and more to come in May Güldem AtabayPosted on3 May, 20243 May, 2024 Inflation in Turkey has continued to rise for the sixth consecutive month. The growth of consumer … Continue ReadingTurkish inflation nears 70 percent and more to come in May
Categories Economy HIGHLIGHTS Turkey’s Central Bank back to square one Güldem AtabayPosted on15 March, 202415 March, 2024 CBRT’s net foreign exchange reserves excluding swaps fell sharply in the week of March 8. … Continue ReadingTurkey’s Central Bank back to square one
Categories Economy HIGHLIGHTS Persistent inflation in Turkey spurs calls for further interest rate hikes Cem CetingucPosted on13 March, 2024 As inflation is soaring in Türkiye, the central bank’s decision to halt monetary tightening is … Continue ReadingPersistent inflation in Turkey spurs calls for further interest rate hikes
Categories Economy General HIGHLIGHTS Title corrected: Simsek promises fiscal rectitude to help CB lower inflation Cem CetingucPosted on12 March, 202412 March, 2024 Türkiye’s finance minister Mehmet Simsek announced on Monday the government’s determination to tighten fiscal policies to support … Continue ReadingTitle corrected: Simsek promises fiscal rectitude to help CB lower inflation
Categories Economy General HIGHLIGHTS Finance Minister: Türkiye wil not do anything “extraordinary” to curb inflation Cem CetingucPosted on16 February, 2024 Türkiye will not do anything “extraordinary” to curb inflation, Treasury and Finance Minister Mehmet Şimşek … Continue ReadingFinance Minister: Türkiye wil not do anything “extraordinary” to curb inflation
Categories Economy HIGHLIGHTS TUIK: Majority in Turkey unable to afford week-long holiday Cem CetingucPosted on6 February, 20246 February, 2024 While Turkey’s wealthiest top 20 percent earned nearly half of the country’s total income in … Continue ReadingTUIK: Majority in Turkey unable to afford week-long holiday
Categories Atilla Yeşilada Economy HIGHLIGHTS Video analysis: Fed pivot, energy prices to aid Turkish economy in 2024 Atilla YeşiladaPosted on23 December, 2023 Real Turkey Channel frontperson explains how lower American interest rates and forecasts of lower energy … Continue ReadingVideo analysis: Fed pivot, energy prices to aid Turkish economy in 2024
Categories Economy HIGHLIGHTS ANALYSIS-ING: Continued improvement in Turkey’s underlying inflation trend Güldem AtabayPosted on4 December, 20234 December, 2023 With another better-than-expected monthly reading at 3.3% (vs the consensus at 3.9% and our call … Continue ReadingANALYSIS-ING: Continued improvement in Turkey’s underlying inflation trend
Categories Economy HIGHLIGHTS Turkish CPI inflation surges beyond 60% and more is to come Güldem AtabayPosted on3 October, 20233 October, 2023 Turkish inflation hit a record 61.53% in September according to data from the Turkish Statistical … Continue ReadingTurkish CPI inflation surges beyond 60% and more is to come
Categories Economy HIGHLIGHTS The Istanbul Chamber of Commerce has announced that prices in the megacity increased by 5.46 percent in September compared to the previous month while the annual inflation was 73.18 percent. Güldem AtabayPosted on2 October, 2023 The Istanbul Chamber of Commerce (ITO) has published the retail and wholesale price indices for September for … Continue ReadingThe Istanbul Chamber of Commerce has announced that prices in the megacity increased by 5.46 percent in September compared to the previous month while the annual inflation was 73.18 percent.
Categories Economy Turkey’s annual inflation surges beyond expectations to 58.94 percent Güldem AtabayPosted on4 September, 2023 In August, Turkey witnessed an alarming surge in annual inflation to 58.94%, fueled by soaring … Continue ReadingTurkey’s annual inflation surges beyond expectations to 58.94 percent
