Categories Business Finance HIGHLIGHTS Turkish Central Bank’s high-wire act to control the exchange rate Atilla YeşiladaPosted on12 November, 2022 (Reuters) – Turkey’s central bank has put the finishing touches to a reserve-management system that … Continue ReadingTurkish Central Bank’s high-wire act to control the exchange rate
Categories Economy HIGHLIGHTS Turkey: Recession and inflation at the same time? Atilla YeşiladaPosted on3 November, 2022 The Turkish government under President Recep Tayyip Erdoğan has refused to abandon a low interest … Continue ReadingTurkey: Recession and inflation at the same time?
Categories Economy HIGHLIGHTS Natasha Turak: Turkey’s inflation tops 85% as Erdogan continues to rule out interest rate hikes Atilla YeşiladaPosted on3 November, 2022 Inflation in Turkey rose for the 17th consecutive month in October, hitting 85.5% year-on-year as … Continue ReadingNatasha Turak: Turkey’s inflation tops 85% as Erdogan continues to rule out interest rate hikes
Categories Economy General HIGHLIGHTS September: Turkish trade deficit surges 268 percent Cem CetingucPosted on30 October, 2022 Turkey’s foreign trade deficit surged 268.1% year-on-year to $9.60 billion in September, with imports climbing … Continue ReadingSeptember: Turkish trade deficit surges 268 percent
Categories Business Economy HIGHLIGHTS Commentary: Is Turkey Headed For a Debt Crisis? Atilla YeşiladaPosted on15 October, 2022 An unprecedented series of interest rate hikes have precipitated fears of a debt crisis … Continue ReadingCommentary: Is Turkey Headed For a Debt Crisis?
Categories Economy General HIGHLIGHTS Turkey’s food prices skyrocket despite agriculture Cem CetingucPosted on20 September, 202220 September, 2022 Turkey is one of the world’s largest agricultural producers. Yet increases in food prices are … Continue ReadingTurkey’s food prices skyrocket despite agriculture
Categories Economy Finance HIGHLIGHTS The Budget: Another solid report in August, but cloudy outlook Atilla YeşiladaPosted on19 September, 2022 Deficits expected to rise in last 4 months of the year … Read More >The Budget: Another solid report in August, but cloudy outlook
Categories Atilla Yeşilada Economy HIGHLIGHTS ANALYSIS: Economy loses steam by mid-summer Atilla YeşiladaPosted on14 September, 2022 Turkstat and Central Bank of Turkey released a batch of data from the month of … Continue ReadingANALYSIS: Economy loses steam by mid-summer
Categories General HYPED WSJ: Ukraine grain corridor in jeopardy? Atilla YeşiladaPosted on10 September, 2022 What Putin does in Ukraine always hurts Turkey … Read More >WSJ: Ukraine grain corridor in jeopardy?
Categories Cüneyt Akman Economy HIGHLIGHTS ANALSIS: Q2 GDP and beyond: The best is behind us Atilla YeşiladaPosted on1 September, 2022 Turkish Economy recorded 7.6% of YoY economic growth in Q2. The figure was slightly above … Continue ReadingANALSIS: Q2 GDP and beyond: The best is behind us
Categories Economy Finance General HIGHLIGHTS Macro Snapshot: Consumer Confidence Index, July 2022 Cem CetingucPosted on21 July, 2022 Consumer Confidence Index (CCI) recovered in July. CCI increased by 7.4% to 68 in July … Continue ReadingMacro Snapshot: Consumer Confidence Index, July 2022
Categories Business Finance HYPED Ali Riza Güngen: The Shifting Politics of Debt in Turkey Atilla YeşiladaPosted on14 July, 2022 When the first wave of the Covid-19 pandemic in 2020 triggered widespread economic hardship, Turkish … Continue ReadingAli Riza Güngen: The Shifting Politics of Debt in Turkey
Categories Atilla Yeşilada Columnists Economy HIGHLIGHTS Video Commentary: Erdogan’s Lethal Economic Legacy Atilla YeşiladaPosted on31 May, 2022 100% inflation, $50 bn current account deficit, $181 bn foreign debt coming due. After … Continue ReadingVideo Commentary: Erdogan’s Lethal Economic Legacy
Categories Finance HIGHLIGHTS Markets Morgan Stanley: CBT Preview: Something’s Gotta Give Atilla YeşiladaPosted on26 May, 2022 We expect the CBT to stay on hold on May 26, but the need for … Continue ReadingMorgan Stanley: CBT Preview: Something’s Gotta Give
Categories Economy HIGHLIGHTS World Bank: Challenges Weigh on Outlook for Turkish Economy in 2022 Atilla YeşiladaPosted on23 March, 2022 Turkey’s economy is likely to expand at a much slower pace this year as rising … Continue ReadingWorld Bank: Challenges Weigh on Outlook for Turkish Economy in 2022
Categories Business Company & Industry General Markets Ukraine crisis: Purchase order cancellations reached 200 million dollars in Turkish clothing sector Cem CetingucPosted on2 March, 20222 March, 2022 After Russia’s declaration of war on Ukraine last week, the effects of the economic sanctions … Continue ReadingUkraine crisis: Purchase order cancellations reached 200 million dollars in Turkish clothing sector
Categories Business HYPED Turkey hit from several fronts as Ukraine War escalates Atilla YeşiladaPosted on26 February, 2022 Under the din of jet fighter bombing civilian areas and a massive misdirection campaign staged … Continue ReadingTurkey hit from several fronts as Ukraine War escalates
Categories Economy HIGHLIGHTS Politics Erdogan’s economic miscalculations could spell the end of his political career Atilla YeşiladaPosted on15 February, 2022 Turkey’s economic crisis is eroding President Erdogan’s support. One and a half years before the … Continue ReadingErdogan’s economic miscalculations could spell the end of his political career
Categories Economy HIGHLIGHTS Markets S&P Global: Turkey’s macroeconomic trajectory remains uncertain, CPI to catapult over 50% Atilla YeşiladaPosted on6 February, 2022 The Turkish lira continues to plummet, inflation in the country has skyrocketed to a 20-year … Continue ReadingS&P Global: Turkey’s macroeconomic trajectory remains uncertain, CPI to catapult over 50%
Categories Economy Finance HIGHLIGHTS Turkish Lira: Doomed to devaluation? Cem CetingucPosted on2 February, 2022 For investors in Turkey, December 2021 will go down as the month of the white-knuckle … Continue ReadingTurkish Lira: Doomed to devaluation?