Categories Economy HIGHLIGHTS ANALYSIS: Turkish inflation enters downtrend in November data Atilla YeşiladaPosted on5 December, 2023 CPI inflation was 3.28% in November, well below market expectations, yet leading to a rise … Continue ReadingANALYSIS: Turkish inflation enters downtrend in November data
Categories Economy HIGHLIGHTS ANALYSIS-ING: Continued improvement in Turkey’s underlying inflation trend Güldem AtabayPosted on4 December, 20234 December, 2023 With another better-than-expected monthly reading at 3.3% (vs the consensus at 3.9% and our call … Continue ReadingANALYSIS-ING: Continued improvement in Turkey’s underlying inflation trend
Categories Economy HIGHLIGHTS BNP Paribas/TURKEY: Disinflation without sacrificing growth in 2024 Atilla YeşiladaPosted on2 December, 20232 December, 2023 Turkey’s central bank (CBRT) has re-embraced orthodox monetary policy this year, increasing its policy rate … Continue ReadingBNP Paribas/TURKEY: Disinflation without sacrificing growth in 2024
Categories Economy HIGHLIGHTS ANALYSIS: Turkish growth outlook in 2024 leaves a lot to be desired Atilla YeşiladaPosted on1 December, 2023 The most important data expected this week was the national income data for the third … Continue ReadingANALYSIS: Turkish growth outlook in 2024 leaves a lot to be desired
Categories Economy HIGHLIGHTS Citi expects a sharp slowdown in economic growth in Turkey next year Güldem AtabayPosted on1 December, 2023 In a report released today, Citi stated that Turkey has exhibited a stronger performance than … Continue ReadingCiti expects a sharp slowdown in economic growth in Turkey next year
Categories Economy HIGHLIGHTS Bloomberg HT Consumer Confidence Index rose sharply in November Güldem AtabayPosted on1 December, 2023 Bloomberg HT Consumer Confidence Index increased by 10.93% compared to the previous month in November. … Continue ReadingBloomberg HT Consumer Confidence Index rose sharply in November
Categories Economy HIGHLIGHTS Turkey PMI sinks further below 50.0 threshold Güldem AtabayPosted on1 December, 2023 The slowdown in the Turkish manufacturing sector became more entrenched in November, according to latest … Continue ReadingTurkey PMI sinks further below 50.0 threshold
Categories Economy HIGHLIGHTS S&P revised Turkey’s outlook to positive from stable Güldem AtabayPosted on1 December, 2023 International credit rating agency Standard & Poor’s (S&P) has reaffirmed Turkey’s credit rating as “B” … Continue ReadingS&P revised Turkey’s outlook to positive from stable
Categories Economy HIGHLIGHTS Istanbul monthly inflation at 3.79 percent in November Güldem AtabayPosted on1 December, 2023 In November 2023 the Istanbul Cost of Living Index, which is an indicator of retail … Continue ReadingIstanbul monthly inflation at 3.79 percent in November
Categories Economy HIGHLIGHTS ANALYSIS: GDP growth was 5.9% in 3Q despite a slowdown in sequential growth Atilla YeşiladaPosted on30 November, 2023 Anemic QoQ growth in 3Q GDP growth turned out to be 5.9% YoY in 3Q23, … Continue ReadingANALYSIS: GDP growth was 5.9% in 3Q despite a slowdown in sequential growth
Categories Economy Güldem Atabay HIGHLIGHTS Guldem Atabay: Turkey continued to experience strong growth driven by domestic demand 3Q23: Slowdown to follow in 2024 Güldem AtabayPosted on30 November, 202330 November, 2023 As per the data provided by the Turkish Statistical Institute (TÜİK), the Turkish economy grew … Continue ReadingGuldem Atabay: Turkey continued to experience strong growth driven by domestic demand 3Q23: Slowdown to follow in 2024
Categories Economy HIGHLIGHTS OECD has raised its growth forecast for Turkey Güldem AtabayPosted on29 November, 2023 The Organisation for Economic Co-operation and Development (OECD) has raised its growth expectations for the … Continue ReadingOECD has raised its growth forecast for Turkey
Categories Economy HIGHLIGHTS S&P Global revised its growth forecasts for the Turkish economy in 2023 and 2024 Güldem AtabayPosted on29 November, 2023 S&P Global has revised its growth forecasts for the Turkish economy in 2023 and 2024, … Continue ReadingS&P Global revised its growth forecasts for the Turkish economy in 2023 and 2024
Categories Economy HIGHLIGHTS Turkey’s central bank Governor: Time has come to switch back to Turkish lira Güldem AtabayPosted on29 November, 2023 Central Bank of Turkey Governor Hafize Gaye Erkan stated, “We believe the time has come … Continue ReadingTurkey’s central bank Governor: Time has come to switch back to Turkish lira
Categories Economy HIGHLIGHTS Turkish economy likely expanded by up to 5.6% in Q3: Surveys Atilla YeşiladaPosted on28 November, 2023 Solid domestic demand and consumption are estimated to have helped Türkiye’s economy register a growth … Continue ReadingTurkish economy likely expanded by up to 5.6% in Q3: Surveys
Categories Atilla Yeşilada Economy HIGHLIGHTS Atilla Yesilada: The price of suppressing inflation has always been recession Atilla YeşiladaPosted on28 November, 2023 Our economy has three giant problems, and a national priority that we can never give … Continue ReadingAtilla Yesilada: The price of suppressing inflation has always been recession
Categories Economy HIGHLIGHTS Exclusive: European fund giant Amundi dipping toe back into Turkey’s lira Güldem AtabayPosted on28 November, 2023 Amundi, Europe’s largest asset manager, has started dipping its toe back into the Turkish lira … Continue ReadingExclusive: European fund giant Amundi dipping toe back into Turkey’s lira
Categories Economy HIGHLIGHTS Turkey to unveil tax incentives to boost foreign currency inflows Güldem AtabayPosted on22 November, 2023 Finance Minister Mehmet Şimşek has announced a new incentive regulation aimed at encouraging foreign currency … Continue ReadingTurkey to unveil tax incentives to boost foreign currency inflows
Categories Economy HIGHLIGHTS Erdoğan declared that the period of appreciation for the Turkish Lira has begun Güldem AtabayPosted on22 November, 2023 Turkish President Erdoğan stated that the period of the Turkish Lira losing value in real … Continue ReadingErdoğan declared that the period of appreciation for the Turkish Lira has begun
Categories Economy HIGHLIGHTS Morgan Stanley on Turkey 2024: A Gradual Rebalancing Atilla YeşiladaPosted on18 November, 2023 Prelude Turkey’s shift towards a more conventional macro policy framework post-elections has involved significant … Continue ReadingMorgan Stanley on Turkey 2024: A Gradual Rebalancing
