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Category: Economy

Economy news from Turkey in English

Mehmet Simsek to the rescue?
Categories Economy General HIGHLIGHTS

Mehmet Simsek to the rescue?

Atilla YeşiladaPosted on30 May, 2023

  The top policymaker picks of Turkey’s re-elected president Tayyip Erdogan are taking centre stage … Continue ReadingMehmet Simsek to the rescue?

Daily SABAH/Alen Lepan:  Is economic policy overhaul in sight after Türkiye runoff?
Categories Economy HIGHLIGHTS

Daily SABAH/Alen Lepan:  Is economic policy overhaul in sight after Türkiye runoff?

Atilla YeşiladaPosted on26 May, 2023

Türkiye is at a critical juncture, with a great deal of speculation surrounding the future … Continue ReadingDaily SABAH/Alen Lepan:  Is economic policy overhaul in sight after Türkiye runoff?

Report: Average monthly rent prices in Turkey rise by 117 pct on yearly basis.
Categories Economy HIGHLIGHTS Markets

Report: Average monthly rent prices in Turkey rise by 117 pct on yearly basis.

Cem CetingucPosted on24 May, 2023

Average monthly rent prices have increased by 117 percent in one year in Turkey, according … Continue ReadingReport: Average monthly rent prices in Turkey rise by 117 pct on yearly basis.

Turkey’s economical concerns ahead of presidential runoff
Categories Economy HIGHLIGHTS HYPED Politics

Turkey’s economical concerns ahead of presidential runoff

Cem CetingucPosted on17 May, 2023

As the Turkish presidential elections head for a runoff between incumbent Recep Tayyip Erdogan and … Continue ReadingTurkey’s economical concerns ahead of presidential runoff

The Guardian: Economic crisis in Turkey predicted to worsen following Erdoğan’s victory in the poll
Categories Economy HIGHLIGHTS Politics

The Guardian: Economic crisis in Turkey predicted to worsen following Erdoğan’s victory in the poll

Cem CetingucPosted on17 May, 2023

Analysts expect Turkey’s economic crisis to worsen after President Tayyip Erdoğan came top in the first … Continue ReadingThe Guardian: Economic crisis in Turkey predicted to worsen following Erdoğan’s victory in the poll

Erdoğan raises state worker wages by 45 percent
Categories Company & Industry Economy HIGHLIGHTS

Erdoğan raises state worker wages by 45 percent

Cem CetingucPosted on10 May, 2023

President Recep Tayyip Erdoğan on May 9 announced a 45 percent increase in wages of public workers, ahead … Continue ReadingErdoğan raises state worker wages by 45 percent

27 percent of Turkey lives in rentals: Turkstat
Categories Economy General HIGHLIGHTS

27 percent of Turkey lives in rentals: Turkstat

Cem CetingucPosted on9 May, 20239 May, 2023

The share of the Turkish population in rented houses was 27.2 percent in 2022, rising … Continue Reading27 percent of Turkey lives in rentals: Turkstat

Kılıçdaroğlu gains ground in Turkey’s election race against Erdoğan
Categories Economy General HIGHLIGHTS Politics

Kılıçdaroğlu gains ground in Turkey’s election race against Erdoğan

Cem CetingucPosted on8 May, 2023

One week ahead of Turkey’s upcoming May 14 elections, which are considered crucial for the … Continue ReadingKılıçdaroğlu gains ground in Turkey’s election race against Erdoğan

Election reckoning for ‘Erdoganomics’ in Turkey
Categories Economy HIGHLIGHTS Politics

Election reckoning for ‘Erdoganomics’ in Turkey

Cem CetingucPosted on8 May, 20239 May, 2023

If Turks oust President Tayyip Erdogan in elections this month it will largely be because … Continue ReadingElection reckoning for ‘Erdoganomics’ in Turkey

Revitalized Gulf tourist arrivals bring momentum to Turkey’s tourism sector
Categories Economy HIGHLIGHTS Markets

Revitalized Gulf tourist arrivals bring momentum to Turkey’s tourism sector

Cem CetingucPosted on8 May, 2023

Turkey expects tourist flows from the Gulf countries to regain momentum in the coming months … Continue ReadingRevitalized Gulf tourist arrivals bring momentum to Turkey’s tourism sector

IYIP economic supremo Prof Bilge Yilmaz on policy after elections
Categories Economy HIGHLIGHTS

IYIP economic supremo Prof Bilge Yilmaz on policy after elections

Atilla YeşiladaPosted on5 May, 2023

Iyi Party  Chief Economic Policy Advisor Prof. Dr. Bilge Yılmaz said, “It is not necessary … Continue ReadingIYIP economic supremo Prof Bilge Yilmaz on policy after elections

Turkish trade hindered by earthquakes and adverse calendar impact in April
Categories Economy General HIGHLIGHTS

Turkish trade hindered by earthquakes and adverse calendar impact in April

Cem CetingucPosted on4 May, 20234 May, 2023

Türkiye’s foreign trade deficit widened in April as exports fell due to the prolonged effect … Continue ReadingTurkish trade hindered by earthquakes and adverse calendar impact in April

TurkStat: Inflation falls to 43.68 in April
Categories Economy General HIGHLIGHTS

TurkStat: Inflation falls to 43.68 in April

Cem CetingucPosted on3 May, 20233 May, 2023

Annual consumer price inflation in Türkiye fell to 43.68% in April, TurkStat data showed Wednesday, … Continue ReadingTurkStat: Inflation falls to 43.68 in April

Prof Seda Demiralp: Economic turmoil has created an opening for Turkey’s opposition
Categories Business Economy HIGHLIGHTS

Prof Seda Demiralp: Economic turmoil has created an opening for Turkey’s opposition

Atilla YeşiladaPosted on2 May, 2023

Seda Demiralp is an associate professor of international relations at Isik University in Istanbul. Turkey … Continue ReadingProf Seda Demiralp: Economic turmoil has created an opening for Turkey’s opposition

How does the opposition plan to turn Turkey around?
Categories Economy HIGHLIGHTS Politics

How does the opposition plan to turn Turkey around?

Atilla YeşiladaPosted on1 May, 2023

Turkey’s multi-faceted opposition alliance, the Nation Alliance, wants to undo President Recep Tayyip Erdogan’s two-decade … Continue ReadingHow does the opposition plan to turn Turkey around?

CEO of İş Bankası: ‘Inflation problem will be around for a while’
Categories Economy Finance HIGHLIGHTS

CEO of İş Bankası: ‘Inflation problem will be around for a while’

Cem CetingucPosted on1 May, 20231 May, 2023

The CEO of İş Bankası, Hakan Aran, stated that the inflation problem cannot be resolved … Continue ReadingCEO of İş Bankası: ‘Inflation problem will be around for a while’

Turks reluctant to host guests during Eid holiday over economic concerns
Categories Economy HIGHLIGHTS HYPED

Turks reluctant to host guests during Eid holiday over economic concerns

Cem CetingucPosted on26 April, 2023

Some 69 percent of the Turkish population said they could not set a rich iftar … Continue ReadingTurks reluctant to host guests during Eid holiday over economic concerns

April sees 9.2 percent surge in Turkish consumer sentiment
Categories Economy General HIGHLIGHTS

April sees 9.2 percent surge in Turkish consumer sentiment

Cem CetingucPosted on26 April, 2023

Consumer sentiment in Turkey rose 9.2% to 87.5 points in April, official data showed on … Continue ReadingApril sees 9.2 percent surge in Turkish consumer sentiment

Turkish Lira Hits All-Time Low Ahead of Elections
Categories Economy HIGHLIGHTS Politics

Turkish Lira Hits All-Time Low Ahead of Elections

Cem CetingucPosted on24 April, 2023

The Turkish lira fell to an all-time low against the US dollar on Tuesday as … Continue ReadingTurkish Lira Hits All-Time Low Ahead of Elections

Refugee Crisis Dominates Turkey’s Election Agenda
Categories Economy HIGHLIGHTS Politics

Refugee Crisis Dominates Turkey’s Election Agenda

Cem CetingucPosted on24 April, 2023

Turkey has taken in about 5.5 million refugees, many of them Syrians. Ahead of the … Continue ReadingRefugee Crisis Dominates Turkey’s Election Agenda

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Recent Posts

  • Understanding Erdogan’s economic theory
  • Mehmet Simsek to the rescue?
  • Turkish President Erdogan wins runoff to secure his grip on power
  • Atilla  Yesilada: Erdogan won; Turkey lost
  • CNBC:  Turkey’s lira sinks to fresh record low after Erdogan re-election

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