Two polls reflect loss of support for the AKP as the main opposition keeps rising Güldem AtabayPosted on6 September, 2024 The figures in the latest election and political survey of SONAR, a research company close … Continue ReadingTwo polls reflect loss of support for the AKP as the main opposition keeps rising
Growth, inflation and now the Medium Term Program: The economic picture of 2025 has become clear Güldem AtabayPosted on6 September, 2024 Last week was pivotal for the Turkish economy. First, second-quarter growth data was released, revealing … Continue ReadingGrowth, inflation and now the Medium Term Program: The economic picture of 2025 has become clear
Turkey imposes record fines for hunting endangered species Cem CetingucPosted on5 September, 20245 September, 2024 The country’s nature conservation body has announced the fines for hunting endangered species, which are off-limits for the … Continue ReadingTurkey imposes record fines for hunting endangered species
Medium-Term Economic Program projects 3.5% growth for 2024 Cem CetingucPosted on5 September, 20245 September, 2024 Türkiye’s economy is expected to grow by 3.5 percent this year before the GDP expansion accelerates to … Continue ReadingMedium-Term Economic Program projects 3.5% growth for 2024
Mehmet Şimşek wows full commitment to disinflation Atilla YeşiladaPosted on5 September, 2024 Şimşek says “In the short term, our main priority is disinflation and price stability”. Minister … Continue ReadingMehmet Şimşek wows full commitment to disinflation
AllianceBernstein: Turkish Debt and Lira Face Bumpy Road Güldem AtabayPosted on5 September, 20245 September, 2024 Christian DiClementi, director of emerging-market debt at AllianceBernstein Holding LP, predicts that Turkish lira bonds … Continue ReadingAllianceBernstein: Turkish Debt and Lira Face Bumpy Road
Turkey formally applies for BRICS membership Atilla YeşiladaPosted on5 September, 2024 NATO member Turkey has applied for membership in the BRICS bloc of developing economies, a … Continue ReadingTurkey formally applies for BRICS membership
Imamoğlu hints at 2028 presidential bid Cem CetingucPosted on4 September, 2024 I will be where the nation wants me to be,” Istanbul Mayor Ekrem Imamoğlu said on … Continue ReadingImamoğlu hints at 2028 presidential bid
Al-Sisi’s visit marks new era in bilateral relations Cem CetingucPosted on4 September, 20244 September, 2024 Türkiye and Egypt are improving bilateral relations, President Recep Tayyip Erdoğan said during his counterpart Abdel Fattah … Continue ReadingAl-Sisi’s visit marks new era in bilateral relations
Central bank comments on 2Q24 growth: a moderate but gradually increasing decline in the underlying trend of economic activity Güldem AtabayPosted on4 September, 20244 September, 2024 The Central Bank of Turkey (CBRT) has published new research note on its blog, offering … Continue ReadingCentral bank comments on 2Q24 growth: a moderate but gradually increasing decline in the underlying trend of economic activity
CBRT: Decline in food prices driven by fresh fruits and vegetables Güldem AtabayPosted on4 September, 2024 The Central Bank of the Republic of Turkey (CBRT) released its “Monthly Price Developments” report … Continue ReadingCBRT: Decline in food prices driven by fresh fruits and vegetables
CBRT Deputy Governor Karahan: Fiscal policy will provide strong support to reduce inflation in the coming period Güldem AtabayPosted on4 September, 2024 Central Bank of Turkey (CBRT) Deputy Governor Hatice Karahan has indicated that the impacts of … Continue ReadingCBRT Deputy Governor Karahan: Fiscal policy will provide strong support to reduce inflation in the coming period
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
GDP ANALYSIS: Slowdown in domestic demand is the 2Q story Atilla YeşiladaPosted on3 September, 2024 In 2Q24, the QoQ GDP growth rate slowed to 0.1%, while the YoY growth rate … Continue ReadingGDP ANALYSIS: Slowdown in domestic demand is the 2Q story
Turkish economy expands at a slower-than-expected pace Cem CetingucPosted on2 September, 2024 Türkiye’s economy expanded at a slower-than-expected pace in the second quarter, official data showed on … Continue ReadingTurkish economy expands at a slower-than-expected pace
Turkey’s foreign trade deficit decline in August Cem CetingucPosted on2 September, 2024 Türkiye’s foreign trade deficit continued to decline in August, narrowing 43.4 percent year-on-year to $4.93 billion last month, … Continue ReadingTurkey’s foreign trade deficit decline in August
Türkiye: Banking Sector Outlook, 2Q 2024 Cem CetingucPosted on2 September, 2024 The slowdown in credit growth started to become more pronounced towards the end of 2Q24 … Continue ReadingTürkiye: Banking Sector Outlook, 2Q 2024
Turkish economy battling stagflation Atilla YeşiladaPosted on2 September, 2024 Turkey’s 2Q2024 GDP will be announced in the first week of September, which will contain … Continue ReadingTurkish economy battling stagflation
Turkey’s new Medium Term Economic Program to be unveiled this week, what to expect? Atilla YeşiladaPosted on2 September, 2024 While work to update the Medium Term Program (MTP), which will be the most critical … Continue ReadingTurkey’s new Medium Term Economic Program to be unveiled this week, what to expect?