Categories Business Economy HIGHLIGHTS TURKEY: Manufacturing PMI analysis Atilla YeşiladaPosted on4 February, 2025 In January, the Istanbul Chamber of Industry Turkey Manufacturing PMI decreased to 48.0 (from 49.1 … Continue ReadingTURKEY: Manufacturing PMI analysis
Categories Economy HIGHLIGHTS Türkiye’s Annual Inflation Declines for Eighth Consecutive Month, Settling at 42.1% in January Cem CetingucPosted on3 February, 2025 Türkiye’s annual inflation rate eased for the eighth straight month in January, reaching 42.12%, down … Continue ReadingTürkiye’s Annual Inflation Declines for Eighth Consecutive Month, Settling at 42.1% in January
Categories Economy HIGHLIGHTS Türkiye’s Exports Rise 5.8% in January, Totaling $21.16 Billion Cem CetingucPosted on3 February, 2025 Türkiye’s exports grew 5.8% year-on-year in January, reaching $21.16 billion, according to data from the … Continue ReadingTürkiye’s Exports Rise 5.8% in January, Totaling $21.16 Billion
Categories Business Economy HIGHLIGHTS Turkey Eyes Economic Gains in Syria’s Reconstruction Despite Challenges Cem CetingucPosted on1 February, 2025 With the Syrian civil war winding down, Turkey is positioning itself as a key player … Continue ReadingTurkey Eyes Economic Gains in Syria’s Reconstruction Despite Challenges
Categories Economy General HIGHLIGHTS Erdoğan’s Push for Higher Birth Rates Faces Economic and Social Realities Cem CetingucPosted on1 February, 2025 For over a decade, President Recep Tayyip Erdoğan has urged Turkish families to have more … Continue ReadingErdoğan’s Push for Higher Birth Rates Faces Economic and Social Realities
Categories Economy HIGHLIGHTS Türkiye’s Foreign Trade in 2024: Exports Grow, Annual Trade Deficit Narrows Cem CetingucPosted on1 February, 2025 Türkiye’s foreign trade landscape saw notable shifts in December 2024, with exports showing modest growth … Continue ReadingTürkiye’s Foreign Trade in 2024: Exports Grow, Annual Trade Deficit Narrows
Categories Economy HIGHLIGHTS Türkiye’s Tourism Revenues Hit Record $61.1 Billion in 2024 Cem CetingucPosted on31 January, 2025 Türkiye’s tourism sector reached a historic milestone in 2024, with revenues rising 8.3% year-over-year to … Continue ReadingTürkiye’s Tourism Revenues Hit Record $61.1 Billion in 2024
Categories Economy HIGHLIGHTS Politics İmamoğlu Calls for Early Elections Amid Political and Judicial Pressure Güldem AtabayPosted on30 January, 2025 Istanbul Metropolitan Mayor Ekrem İmamoğlu has denounced what he describes as an ongoing political operation … Continue Readingİmamoğlu Calls for Early Elections Amid Political and Judicial Pressure
Categories Economy HIGHLIGHTS Turkey Targets 21% Inflation as Minister Şimşek Outlines Economic Roadmap Cem CetingucPosted on30 January, 2025 Treasury and Finance Minister Mehmet Şimşek has announced Turkey’s inflation target, stating that the government … Continue ReadingTurkey Targets 21% Inflation as Minister Şimşek Outlines Economic Roadmap
Categories Economy HIGHLIGHTS CBRT Reserves Reach Historic High Cem CetingucPosted on30 January, 2025 The Central Bank of the Republic of Turkey (CBRT) has announced its latest weekly reserves, … Continue ReadingCBRT Reserves Reach Historic High
Categories Economy HIGHLIGHTS ECB Cuts Interest Rates by 25 Basis Points Amid Sluggish Eurozone Growth Cem CetingucPosted on30 January, 2025 The European Central Bank (ECB) has cut its key interest rates by 25 basis points, … Continue ReadingECB Cuts Interest Rates by 25 Basis Points Amid Sluggish Eurozone Growth
Categories Economy HIGHLIGHTS Eurozone Unemployment Rises to 6.3% in December Cem CetingucPosted on30 January, 2025 The Eurozone unemployment rate climbed to 6.3% in December 2024, up from 6.2% in November, … Continue ReadingEurozone Unemployment Rises to 6.3% in December
Categories Economy HIGHLIGHTS JPMorgan Predicts USD/TRY to Hit 45.50 by End-2025, Cem CetingucPosted on30 January, 2025 JPMorgan has released its latest economic forecast for Turkey, projecting that the USD/TRY exchange rate … Continue ReadingJPMorgan Predicts USD/TRY to Hit 45.50 by End-2025,
Categories Economy HIGHLIGHTS Turkey inflation: Economists’ inflation expectations for January Güldem AtabayPosted on29 January, 202530 January, 2025 Turkish Statistical Institute (TurkStat) will announce January inflation data on Monday, February 3. According to … Continue ReadingTurkey inflation: Economists’ inflation expectations for January
Categories Economy HIGHLIGHTS KONDA Survey: Household Inflation Perception in Türkiye Drops to 95% Cem CetingucPosted on29 January, 2025 A recent KONDA Research survey on inflation expectations has revealed that while Turkish households perceive … Continue ReadingKONDA Survey: Household Inflation Perception in Türkiye Drops to 95%
Categories Economy HIGHLIGHTS Consumer and Business Inflation Expectations Improve in January: CBRT Survey Cem CetingucPosted on28 January, 2025 According to a survey by the Central Bank of Türkiye released on Jan. 28, inflation … Continue ReadingConsumer and Business Inflation Expectations Improve in January: CBRT Survey
Categories Economy HIGHLIGHTS Capacity utilization rate of the manufacturing sector continues to decline Güldem AtabayPosted on27 January, 202527 January, 2025 Capacity Utilization Rate decreased by 1.2 points compared to the previous month and realized as … Continue ReadingCapacity utilization rate of the manufacturing sector continues to decline
Categories Economy HIGHLIGHTS Central Bank reserves hit a new peak Güldem AtabayPosted on27 January, 2025 The total reserves of the Central Bank of the Republic of Turkey (CBRT) increased by … Continue ReadingCentral Bank reserves hit a new peak
Categories Economy HIGHLIGHTS Moody’s Completes Periodic Review of Turkey’s Credit Ratings Cem CetingucPosted on26 January, 202526 January, 2025 International credit rating agency Moody’s announced on January 16, 2025, that it has concluded its … Continue ReadingMoody’s Completes Periodic Review of Turkey’s Credit Ratings
Categories Economy Finance HIGHLIGHTS Markets Additional liquidity step from CBRT Güldem AtabayPosted on24 January, 2025 The Central Bank of the Republic of Turkey (CBRT), which has so far attracted excess … Continue ReadingAdditional liquidity step from CBRT