Categories General JPMorgan | Turkey: inflation raises its voice once again Cem CetingucPosted on7 July, 2021 Yarkin Cebeci After two consecutive down side surprises over April and May, inflation surprised significantly … Continue ReadingJPMorgan | Turkey: inflation raises its voice once again
Categories Economy Inflation, May 2021: Weak demand dominated strong cost pressures Atilla YeşiladaPosted on4 June, 2021 Turkey’s CPI increased by 0.89% MoM in May driving YoY CPI from 17.14% to 16.59%. … Continue ReadingInflation, May 2021: Weak demand dominated strong cost pressures
Categories Economy General Macro Snapshot: Foreign Trade Statistics Cem CetingucPosted on1 June, 2021 Foreign trade deficit decreased by 33.2% YoY to US3.1bn in April and decreased by 3.2% … Continue ReadingMacro Snapshot: Foreign Trade Statistics
Categories Economy Finance Macro Focus: IP, March 2021: Stronger course than expected in Q1 Cem CetingucPosted on15 May, 2021 In March, IP increased by 0.7% MoM and 16.6% on a YoY. According to the consensus, … Continue ReadingMacro Focus: IP, March 2021: Stronger course than expected in Q1
Categories Business Economy Turkey’s industrial production increased by 16.6 percent annually Cem CetingucPosted on11 May, 202111 May, 2021 When the subsectors of the industry (based on 2015=100) were examined, mining and quarrying index … Continue ReadingTurkey’s industrial production increased by 16.6 percent annually
Categories Business Economy Retail sales volume increased by 19.2 percent annually Cem CetingucPosted on11 May, 202111 May, 2021 Retail sales volume with constant prices (2015=100) increased by 19.2% in March 2021 compared with … Continue ReadingRetail sales volume increased by 19.2 percent annually
Categories General Macro Snapshot: CBRT’s Expectations Survey Cem CetingucPosted on6 May, 2021 Policy rate would be kept stable in May but could be decreased by 75bps in … Continue ReadingMacro Snapshot: CBRT’s Expectations Survey
Categories Economy CNBC.com: Turkey’s 3rd lockdown hallows out her economy Atilla YeşiladaPosted on29 April, 2021 Turkey is buckling down for a three-week full lockdown beginning Thursday, as a third wave … Continue ReadingCNBC.com: Turkey’s 3rd lockdown hallows out her economy
Categories Economy HIGHLIGHTS Politics Turkey and US: Final Countdown | Real Turkey Atilla YeşiladaPosted on27 April, 2021 Turkey and US: Final Countdown Joe Biden’s recognition of 1915 Armenian ethnic cleansing … Continue ReadingTurkey and US: Final Countdown | Real Turkey
Categories Economy Markets Tim Ash: A hugely dangerous monetary and exchange rate strategy Atilla YeşiladaPosted on22 April, 2021 Turkish President Recep Tayyip Erdogan said authorities used $165 billion of central bank foreign-currency reserves … Continue ReadingTim Ash: A hugely dangerous monetary and exchange rate strategy
Categories Economy HIGHLIGHTS Import prices rise drastically in Turkey amid pandemic Cem CetingucPosted on20 April, 2021 Hayriye Ustun strolled around her neighborhood marketplace looking for the best prices as she suffered … Continue ReadingImport prices rise drastically in Turkey amid pandemic
Categories Economy General TURKSTAT: Turkey’s Hogwarts Atilla YeşiladaPosted on15 April, 2021 Scientifically, one of the assumptions of the theories underlying economics is that the consumers are … Continue ReadingTURKSTAT: Turkey’s Hogwarts
Categories Economy General Macro Focus: Recovery trend continues despite momentum loss Cem CetingucPosted on14 April, 202114 April, 2021 In February, IP increased by 0.1% MoM and 8.8% on a YoY. According to the consensus, … Continue ReadingMacro Focus: Recovery trend continues despite momentum loss
Categories General Investors turn to Bitcoin after Turkey’s economic turmoil Cem CetingucPosted on13 April, 2021 The neighbourhood teahouse is a focus of daily life across Turkey, an Ottoman tradition that has … Continue ReadingInvestors turn to Bitcoin after Turkey’s economic turmoil
Categories Economy General HIGHLIGHTS Growth hopes: Gone with the Covid Atilla YeşiladaPosted on12 April, 2021 Turkey’s daily coronavirus infection numbers have soared above 50,000 and President Tayyip Erdogan is likely … Continue ReadingGrowth hopes: Gone with the Covid
Categories Economy General Unemployment rate realized as 13.4 percent in Turkey Cem CetingucPosted on12 April, 2021 Seasonally adjusted unemployment rate realized as 13.4% The number of unemployed persons aged 15 years … Continue ReadingUnemployment rate realized as 13.4 percent in Turkey
Categories Business Markets Turkey’s e-commerce volume jumped 66% in 2020 Cem CetingucPosted on8 April, 2021 The volume of e-commerce in Turkey jumped 66% year-on-year to 226.2 billion Turkish liras ($32 … Continue ReadingTurkey’s e-commerce volume jumped 66% in 2020
Categories Economy General CORRECTION: Turkey sold 11.7 tons of gold in February due to currency crisis Cem CetingucPosted on8 April, 20218 April, 2021 PATurkey was misled by the confusing text and the fact none of its editors could … Continue ReadingCORRECTION: Turkey sold 11.7 tons of gold in February due to currency crisis
Categories Economy CB governor to be tested on Monday Atilla YeşiladaPosted on1 April, 2021 TL firmed on Thursday, thanks to extremely strong March export figures, which helped the monthly … Continue ReadingCB governor to be tested on Monday
Categories HIGHLIGHTS Markets Video Commentary: Turkey on the Verge of Currency Crisis Atilla YeşiladaPosted on31 March, 2021 Turkey on the verge of a currency crisis President Erdogan’s one-man, no-clue governance … Continue ReadingVideo Commentary: Turkey on the Verge of Currency Crisis
