Categories Atilla Yeşilada Columnists Economy HIGHLIGHTS Atilla Yesilada: Turkish economy still too hot for comfort Atilla YeşiladaPosted on20 September, 2023 On Monday, private financial broadcaster BloombergHT published its September preliminary consumer survey, which is even … Continue ReadingAtilla Yesilada: Turkish economy still too hot for comfort
Categories Economy HIGHLIGHTS HSBC ups policy rate forecast, downgrades GDP growth Atilla YeşiladaPosted on19 September, 2023 Investment bank HSBC increased its year-end forecast for the policy rate in Turkey from 30 … Continue ReadingHSBC ups policy rate forecast, downgrades GDP growth
Categories Economy HIGHLIGHTS Turkey in talks with China for further nuclear construction Güldem AtabayPosted on15 September, 2023 Energy Minister Alparslan Bayraktar said Turkey is closing in on an agreement with China for construction of a … Continue ReadingTurkey in talks with China for further nuclear construction
Categories Economy HIGHLIGHTS Politics Turkish companies sanctioned by US for “supporting Moscow in its war against Ukraine” Güldem AtabayPosted on15 September, 202315 September, 2023 The sanctioned companies are Margiana Insaat Dis Ticaret, Demirci Bilisim Ticaret Sanayi, Denkar Ship Construction, ID Ship Agency and CTL Limited. … Read More >Turkish companies sanctioned by US for “supporting Moscow in its war against Ukraine”
Categories Economy HIGHLIGHTS Central Bank survey indicates rising year-end inflation and dollar rate expectations in Turkey Güldem AtabayPosted on15 September, 202315 September, 2023 A recent survey conducted by Turkish Central Bank projects a steep rise in year-end inflation … Continue ReadingCentral Bank survey indicates rising year-end inflation and dollar rate expectations in Turkey
Categories Economy HIGHLIGHTS August cash budget heralds improving fiscal stance Atilla YeşiladaPosted on12 September, 2023 The high expenditures and lackadaisical tax revenues which marked the pre-election period gave way to … Continue ReadingAugust cash budget heralds improving fiscal stance
Categories Economy HIGHLIGHTS ANALYSIS: Turkey’s current account deficit widens in July Atilla YeşiladaPosted on12 September, 2023 After some relief in June with a surplus of $0.7 billion, Turkey’s current account dove … Continue ReadingANALYSIS: Turkey’s current account deficit widens in July
Categories Economy HIGHLIGHTS Turkey to seek more revenue outside budget, including privatisation -Simsek Güldem AtabayPosted on12 September, 2023 Finance Minister Mehmet Simsek said on Monday that Turkey’s government would seek further revenues outside … Continue ReadingTurkey to seek more revenue outside budget, including privatisation -Simsek
Categories Business Economy HIGHLIGHTS July industrial production soft, further weakening expected Atilla YeşiladaPosted on11 September, 2023 “According to Industrial Production Index, seasonally and calendar adjusted production contracted by 0.4% monthly in … Continue ReadingJuly industrial production soft, further weakening expected
Categories Economy HIGHLIGHTS Tim Ash: Turkey – are the economic problems just too big? Atilla YeşiladaPosted on8 September, 2023 It was encouraging this week to hear President Erdogan argue that tight monetary policy would … Continue ReadingTim Ash: Turkey – are the economic problems just too big?
Categories Business Economy HYPED Analysis: Medium Term Program – Government aims to bring down inflation without sacrificing growth Atilla YeşiladaPosted on7 September, 2023 The government aims to bring down inflation without sacrificing growth. The government released the new … Continue ReadingAnalysis: Medium Term Program – Government aims to bring down inflation without sacrificing growth
Categories Atilla Yeşilada Economy HIGHLIGHTS Turkey’s Medium Term Economic Program: Mostly wishful thinking, but….. Atilla YeşiladaPosted on7 September, 2023 Ankara jacked up its inflation forecasts and cut those of economic growth on Wednesday, as … Continue ReadingTurkey’s Medium Term Economic Program: Mostly wishful thinking, but…..
Categories Atilla Yeşilada Economy HIGHLIGHTS Politics Where is Turkey heading under Erdoğan’s rule? Atilla YeşiladaPosted on5 September, 2023 Middle East Analitika – by Dr. Miad Nakhavali Season 2 – Episode 8: special guest: Dr. … Continue ReadingWhere is Turkey heading under Erdoğan’s rule?
Categories Economy HIGHLIGHTS Bloomberg: World Bank in Talks to Double Turkey Exposure to $35 Billion Güldem AtabayPosted on5 September, 2023 As reported by Bloomberg, the World Bank is in advanced talks to potentially double its … Continue ReadingBloomberg: World Bank in Talks to Double Turkey Exposure to $35 Billion
Categories Economy Turkey’s annual inflation surges beyond expectations to 58.94 percent Güldem AtabayPosted on4 September, 2023 In August, Turkey witnessed an alarming surge in annual inflation to 58.94%, fueled by soaring … Continue ReadingTurkey’s annual inflation surges beyond expectations to 58.94 percent
Categories Economy HIGHLIGHTS Turkey August PMI: Manufacturing industry accelerated its contraction, inflation pressure remains strong Güldem AtabayPosted on1 September, 2023 In August, the Istanbul Chamber of Industry (ISO) Manufacturing PMI was reported at a level … Continue ReadingTurkey August PMI: Manufacturing industry accelerated its contraction, inflation pressure remains strong
Categories Economy HIGHLIGHTS Turkey’s consumer confidence continues to decline: The Bloomberg HT Consumer Confidence Index fell by 4.35 percent in August Güldem AtabayPosted on1 September, 2023 Following the sharp decline in July, the Bloomberg HT Consumer Confidence Index continued to experience … Continue ReadingTurkey’s consumer confidence continues to decline: The Bloomberg HT Consumer Confidence Index fell by 4.35 percent in August
Categories Economy HIGHLIGHTS Annual inflation in Istanbul skyrockets to 74.2 percent in August Güldem AtabayPosted on1 September, 2023 Istanbul experienced an 8.8% monthly inflation in August 2023, with sectors like transport seeing the … Continue ReadingAnnual inflation in Istanbul skyrockets to 74.2 percent in August
Categories Economy HIGHLIGHTS Economist praises interest rate hike in Turkey, but says “I’m not sure if rest will come” Güldem AtabayPosted on29 August, 2023 Internationally acclaimed economist Daron Acemoglu has said that a hawkish interest rate hike by Central … Continue ReadingEconomist praises interest rate hike in Turkey, but says “I’m not sure if rest will come”
Categories Economy HIGHLIGHTS Politics Turkish court blocks VOA Turkish over licensing issue Güldem AtabayPosted on29 August, 2023 A Turkish court blocked access to the Voice of America’s Turkish service due to a … Continue ReadingTurkish court blocks VOA Turkish over licensing issue
