Categories Economy HIGHLIGHTS Turkish inflation has risen to the highest level since January 2022 Güldem AtabayPosted on3 August, 2023 Following the release of the inflation data, market attention shifted to exchange rates and gold … Continue ReadingTurkish inflation has risen to the highest level since January 2022
Categories Economy HIGHLIGHTS Turkiye annual inflation to rebound to 47.3% after tax hikes, lira decline Güldem AtabayPosted on2 August, 2023 Turkiye’s monthly inflation is seen at 9.1 per cent in July due to various tax … Continue ReadingTurkiye annual inflation to rebound to 47.3% after tax hikes, lira decline
Categories Economy HIGHLIGHTS Turkey: Price of fuel climbs up by over 20% after increase in taxes Güldem AtabayPosted on17 July, 2023 In a flurry of tax hikes, the price of gasoline, diesel oil and natural gas … Continue ReadingTurkey: Price of fuel climbs up by over 20% after increase in taxes
Categories Economy HIGHLIGHTS Turkey’s inflation hits 38.2% in June amidst Lira’s depreciation Güldem AtabayPosted on5 July, 2023 Core inflation, which excludes volatile items, witnessed an annual increase of 47.3%, up from 46.6% … Continue ReadingTurkey’s inflation hits 38.2% in June amidst Lira’s depreciation
Categories Economy HIGHLIGHTS Inflation Research Group (ENAG), founded by a group of independent academics calculate June inflation as 108,6 percent Güldem AtabayPosted on3 July, 2023 According to unofficial data from the ENAG Inflation Research Group, an independent institution set up … Continue ReadingInflation Research Group (ENAG), founded by a group of independent academics calculate June inflation as 108,6 percent
Categories Economy HIGHLIGHTS Turkey’s official inflation slows to 39.6% after Erdoğan’s pledge of free natural gas in May Güldem AtabayPosted on5 June, 2023 Turkish annual inflation fell to 39.59% in May, official data showed on June 5, broadly in line with expectations, … Continue ReadingTurkey’s official inflation slows to 39.6% after Erdoğan’s pledge of free natural gas in May
Categories Economy Finance HIGHLIGHTS Markets 3 Inflation-Addressing Approaches, Varying in Effectiveness Cem CetingucPosted on17 April, 202317 April, 2023 Turkey has long had a hyperinflation problem, but that doesn’t mean that its central bank … Continue Reading3 Inflation-Addressing Approaches, Varying in Effectiveness
Categories General HIGHLIGHTS March inflation in Turkey expected to drop to 51.3 percent Cem CetingucPosted on30 March, 2023 Turkey’s annual inflation should slow to 51.3 percent in March even as prices continue to … Continue ReadingMarch inflation in Turkey expected to drop to 51.3 percent
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 HIGHLIGHTS Politics Erdogan vows to tackle Turkey’s high inflation Cem CetingucPosted on21 December, 2022 President Recep Tayyip Erdoğan on Dec. 21 vowed to sharply decline the inflation in Turkey … Continue ReadingErdogan vows to tackle Turkey’s high inflation
Categories Economy General HIGHLIGHTS HYPED Nebati: Turkey’s inflation reached its highest level Cem CetingucPosted on29 November, 2022 Inflation has peaked and will start declining, Treasury and Finance Minister Nureddin Nebati has said. “Inflation has reached … Continue ReadingNebati: Turkey’s inflation reached its highest level
Categories Economy Finance HIGHLIGHTS Markets Turkey and rest of Middle East suffer from US rate hike Cem CetingucPosted on11 November, 2022 The United States’ decision to increase interest rates is putting pressure on economies in the Middle East, … Continue ReadingTurkey and rest of Middle East suffer from US rate hike
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’
Categories Economy Emerging Markets General HIGHLIGHTS HYPED Reuters: Russia to buy Lira, Yuan, Rupees for the rainy days Cem CetingucPosted on16 August, 2022 Russia is considering buying the currencies of “friendly” countries such as China, India and Turkey … Continue ReadingReuters: Russia to buy Lira, Yuan, Rupees for the rainy days
Categories Economy General HIGHLIGHTS Turkey’s inflation reaches 73.5 percent in May Cem CetingucPosted on3 June, 20223 June, 2022 Turkey’s annual inflation rate rose at a lower-than-expected pace in May but still jumped to … Continue ReadingTurkey’s inflation reaches 73.5 percent in May
Categories General CBRT survey reveals Turkey’s year-end inflation is around 58 percent Cem CetingucPosted on23 May, 2022 Expectations for Turkish inflation through the end of this year have ticked higher, a closely … Continue ReadingCBRT survey reveals Turkey’s year-end inflation is around 58 percent
Categories Economy General HIGHLIGHTS Politics Turkish government pledges to fight high inflation Cem CetingucPosted on8 April, 2022 In its fourth meeting, the Price Stability Committee vowed to fight soaring inflation rates with … Continue ReadingTurkish government pledges to fight high inflation
Categories Economy HIGHLIGHTS Inflation in OECD area hits a 30-year high, ‘reflecting in part another sharp rise in Turkey’ Atilla YeşiladaPosted on6 April, 2022 The Organisation for Economic Cooperation and Development (OECD) announced the consumer price index for February … Continue ReadingInflation in OECD area hits a 30-year high, ‘reflecting in part another sharp rise in Turkey’
