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Author: Güldem Atabay

Turkey’s fiscal dismal- and COVID-19 is not only cause
Categories Economy Emerging Markets General HIGHLIGHTS

Turkey’s fiscal dismal- and COVID-19 is not only cause

Güldem AtabayPosted on16 July, 202017 July, 2020

The math is simple: Turkey’s fiscal accounts that already have been deteriorating before COVID-19 is … Continue ReadingTurkey’s fiscal dismal- and COVID-19 is not only cause

Fresh data show Turkey’s economy in deep deep trouble
Categories Economy Emerging Markets Finance Güldem Atabay

Fresh data show Turkey’s economy in deep deep trouble

Güldem AtabayPosted on13 July, 202014 July, 2020

As the calendars marked the anniversary of the second year of presidential system in Turkey … Continue ReadingFresh data show Turkey’s economy in deep deep trouble

AKP presses on with ‘multiple bar associations bill’ despite intense protests from lawyers
Categories Politics

AKP presses on with ‘multiple bar associations bill’ despite intense protests from lawyers

Güldem AtabayPosted on9 July, 202011 July, 2020

The bill allowing multiple bar associations in a province has been widely criticized and protested … Continue ReadingAKP presses on with ‘multiple bar associations bill’ despite intense protests from lawyers

Constantly off the central bank path: Turkey’s inflation up again making near-by rate cuts unfeasible
Categories Economy Emerging Markets Güldem Atabay

Constantly off the central bank path: Turkey’s inflation up again making near-by rate cuts unfeasible

Güldem AtabayPosted on3 July, 20206 July, 2020

Turkey’s June consumer price inflation (CPI) at 1.13% beats the market expectation again on the … Continue ReadingConstantly off the central bank path: Turkey’s inflation up again making near-by rate cuts unfeasible

Turkey’s PMI back to growth territory
Categories Economy Emerging Markets

Turkey’s PMI back to growth territory

Güldem AtabayPosted on1 July, 20201 July, 2020

The rebound in the Turkish manufacturing PMI has continued with a return to growth territory. … Continue ReadingTurkey’s PMI back to growth territory

Turkey’s central bank finally realizes the rise in inflation thus no rate cut… well that was a surprise
Categories Economy

Turkey’s central bank finally realizes the rise in inflation thus no rate cut… well that was a surprise

Güldem AtabayPosted on25 June, 202027 June, 2020

Today’s Monetary Policy Committee (MPC) produced no rate cuts despite 25 basis points expected on … Continue ReadingTurkey’s central bank finally realizes the rise in inflation thus no rate cut… well that was a surprise

This week’s meeting: Turkey’s monetary easing almost coming to an end
Categories Economy Emerging Markets Finance

This week’s meeting: Turkey’s monetary easing almost coming to an end

Güldem AtabayPosted on22 June, 202023 June, 2020

Turkey’s central bank will have its Monetary Policy meeting this week; on Thursday. Without any … Continue ReadingThis week’s meeting: Turkey’s monetary easing almost coming to an end

Fast and furious: Turkey’s May inflation accelerates
Categories Economy Emerging Markets

Fast and furious: Turkey’s May inflation accelerates

Güldem AtabayPosted on3 June, 20205 June, 2020

Turkey’s consumer price index (CPI) increased by 11.39% annually and 1.36% monthly in May compared … Continue ReadingFast and furious: Turkey’s May inflation accelerates

April trade data awful; export recovery will be painful
Categories Economy Emerging Markets Finance

April trade data awful; export recovery will be painful

Güldem AtabayPosted on29 May, 20202 June, 2020

As per the official data in April, Turkey’s exports and imports decreased by 41.4% and … Continue ReadingApril trade data awful; export recovery will be painful

Turkey makes a weak start to 2020 making full year GDP contraction unavoidable
Categories Economy Emerging Markets

Turkey makes a weak start to 2020 making full year GDP contraction unavoidable

Güldem AtabayPosted on29 May, 20204 June, 2020

Turkey’s economy posted 1Q20 GDP growth of an annual 4.5 percent, the Turkish Statistical Institute … Continue ReadingTurkey makes a weak start to 2020 making full year GDP contraction unavoidable

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