Categories Business Economy HIGHLIGHTS BBVA Türkiye analysis: Gradual rebalancing in the economy Atilla YeşiladaPosted on16 January, 2024 Industrial production (IP) fell by 1.4% m/m in seas. and cal. adj. series, while increasing … Continue ReadingBBVA Türkiye analysis: Gradual rebalancing in the economy
Categories Business Company & Industry HIGHLIGHTS Turkish companies to add capacity in petrochemicals Atilla YeşiladaPosted on16 January, 2024 Turkey’s petrochemicals industry, which is one of the leading sectors that provides input to all … Continue ReadingTurkish companies to add capacity in petrochemicals
Categories Economy General HIGHLIGHTS Politics Tim Ash: Turkey Q&A Atilla YeşiladaPosted on15 January, 2024 Q? Is Simsek here to stay? Answer – Yes, and knowing what the hidden question … Continue ReadingTim Ash: Turkey Q&A
Categories Finance HIGHLIGHTS Moody’s revises Turkey’s outlook to positive on decisive change in economic policy Atilla YeşiladaPosted on13 January, 2024 (Reuters) – Moody’s (NYSE:MCO) on Friday revised Turkey’s outlook to positive from stable, citing the … Continue ReadingMoody’s revises Turkey’s outlook to positive on decisive change in economic policy
Categories Economy HIGHLIGHTS Turkish Treasury runs $26.8B cash deficit in 2023 Atilla YeşiladaPosted on10 January, 2024 The Turkish Treasury’s cash balance saw a deficit of 625.5 billion Turkish liras ($26.8 billion) … Continue ReadingTurkish Treasury runs $26.8B cash deficit in 2023
Categories General HIGHLIGHTS Turkey’s presidential system from the perspective of the misery Index Atilla YeşiladaPosted on10 January, 2024 When the misery index was first proposed by Arthur Okun, it was an indicator consisting … Continue ReadingTurkey’s presidential system from the perspective of the misery Index
Categories Business Economy HIGHLIGHTS ECONOMY BRIEF: November payroll, industrial production data point to contraction in economic activity Atilla YeşiladaPosted on10 January, 2024 According to official stats agency Turkstat data, the unemployment rate increased by 0.4 points in … Continue ReadingECONOMY BRIEF: November payroll, industrial production data point to contraction in economic activity
Categories Economy Finance HIGHLIGHTS ING: 2023 budget outperforms targets, market keyed on ratings upgrade Atilla YeşiladaPosted on9 January, 2024 12M rolling deficit below the MTP target in November November budget results showed a decline … Continue ReadingING: 2023 budget outperforms targets, market keyed on ratings upgrade
Categories Business Economy HIGHLIGHTS COLUMN: Turkey faces dire challenges in manufacturing, exports Atilla YeşiladaPosted on7 January, 2024 December PMI data revealed that Türkiye’s manufacturing activity has been contracting for the sixth month. … Continue ReadingCOLUMN: Turkey faces dire challenges in manufacturing, exports
Categories Economy General HIGHLIGHTS Mehmet Simsek’s monetary policy message falls prey to the vagaries of Turkish Atilla YeşiladaPosted on4 January, 2024 “Inflation is high but is moving in line with the economic program”, Treasury and Finance … Continue ReadingMehmet Simsek’s monetary policy message falls prey to the vagaries of Turkish
Categories Economy HYPED Anatolian Agency: Türkiye’s economy ends 2023 with rebound despite challenges, natural disasters Atilla YeşiladaPosted on31 December, 2023 Despite the human and financial toll of massive earthquakes in February, Türkiye’s revamped economic management, … Continue ReadingAnatolian Agency: Türkiye’s economy ends 2023 with rebound despite challenges, natural disasters
Categories Economy Finance HIGHLIGHTS COMMENTARIES: Central Bank issues 2024 monetary and currency policy guidelines Atilla YeşiladaPosted on29 December, 2023 Central Bank of Turkey announced its 2024 monetary and currency policy guidlienes on 29th of … Continue ReadingCOMMENTARIES: Central Bank issues 2024 monetary and currency policy guidelines
Categories Business Economy HIGHLIGHTS ANALYSIS: Turkey trade deficit down sharply in November Atilla YeşiladaPosted on29 December, 2023 Turkey’s official stats bureau TÜİK announced foreign trade data for November. In November, exports increased … Continue ReadingANALYSIS: Turkey trade deficit down sharply in November
Categories Business Economy HIGHLIGHTS Turkey hikes minimum wage, complicating the war against inflation Atilla YeşiladaPosted on28 December, 2023 Turkey’s monthly minimum wage will be 17,002 Turkish lira ($578.31) in 2024, Labour Minister Vedat … Continue ReadingTurkey hikes minimum wage, complicating the war against inflation
Categories Economy HIGHLIGHTS COLUMN: Current policy settings will not end inflation Atilla YeşiladaPosted on28 December, 2023 By mid-2023, the administration realized that the “non-orthodox” monetary policy in place for the preceding … Continue ReadingCOLUMN: Current policy settings will not end inflation
Categories Economy HIGHLIGHTS VP Yilmaz heralds lower-than-projected budget deficit in 2023, better economy in 2024 Atilla YeşiladaPosted on27 December, 2023 The central government budget is likely to produce a less-than-expected deficit in 2023, Vice President … Continue ReadingVP Yilmaz heralds lower-than-projected budget deficit in 2023, better economy in 2024
Categories Business Finance HYPED Garanti BBVA CEO Bastug expects increased demand for TL assets, predictable macro and investment environment in 2024 Atilla YeşiladaPosted on27 December, 2023 BBVA´s CEO in Türkiye, Recep Baştuğ, spoke recently to national news outlet Anadolu Agency on … Continue ReadingGaranti BBVA CEO Bastug expects increased demand for TL assets, predictable macro and investment environment in 2024
Categories Atilla Yeşilada Economy Finance HIGHLIGHTS Video commentary: Five predictions for Turkish economy in 2024 Atilla YeşiladaPosted on26 December, 2023 Five predictions for Turkish economy in 2024 Monetary policy to stay tight throughout 2024, top … Continue ReadingVideo commentary: Five predictions for Turkish economy in 2024
Categories Economy HIGHLIGHTS ANALYSIS: 2024 Macro Outlook for Turkey Atilla YeşiladaPosted on24 December, 2023 Slowing down growth in 2024 is the essential condition of achieving «sustainable» growth and «sustainable … Continue ReadingANALYSIS: 2024 Macro Outlook for Turkey
Categories Business Economy HIGHLIGHTS October industrial production: Sharp deceleration amidst sectoral diffusion Atilla YeşiladaPosted on11 December, 2023 The contraction in industrial production continued in October with visible sectoral differences. While seasonally adjusted … Continue ReadingOctober industrial production: Sharp deceleration amidst sectoral diffusion
