Categories Economy General Macro Snapshot: Foreign Trade Statistics, July 2021 Cem CetingucPosted on1 September, 2021 Foreign trade gave a deficit of USD4.3bn in July. According to TurkStat’s unadjusted data of … Continue ReadingMacro Snapshot: Foreign Trade Statistics, July 2021
Categories Economy General HIGHLIGHTS Politics MetroPoll: Erdoğan’s approval rating takes sharp fall Güldem AtabayPosted on29 August, 2021 Support for Turkish President Erdoğan’s performance in office declined by 10.1 percent in August, dropping … Continue ReadingMetroPoll: Erdoğan’s approval rating takes sharp fall
Categories Economy HIGHLIGHTS Economic Confidence Index rises to pre-pandemic peak in August Güldem AtabayPosted on27 August, 2021 Economic confidence index which was 100.1 in July increased by 0.7% in August to 100.8. … Continue ReadingEconomic Confidence Index rises to pre-pandemic peak in August
Categories Economy Politics Japan loans 410 million dollars to Turkey for Syrian refugees Cem CetingucPosted on27 August, 2021 At a meeting in Istanbul with Turkish Foreign Minister Mevlüt Çavuşoğlu last Friday, Japanese Foreign … Continue ReadingJapan loans 410 million dollars to Turkey for Syrian refugees
Categories Economy Finance Macro Snapshot: CUR, RSCI and Sectoral Confidence Indices Cem CetingucPosted on27 August, 202127 August, 2021 In August, manufacturing CUR, RSCI and sectoral confidence indices recorded increases. Seasonally adjusted (SA) Capacity … Continue ReadingMacro Snapshot: CUR, RSCI and Sectoral Confidence Indices
Categories Economy HIGHLIGHTS Oversized revisions cast doubt on Turkish stats Atilla YeşiladaPosted on27 August, 2021 Turkey’s central bank has revised some of its data compilation methods and definitions, as a … Continue ReadingOversized revisions cast doubt on Turkish stats
Categories Economy HIGHLIGHTS Politics Main oppotion leader Kilicdaroglu challenges Erdogan’s FX reserve math Atilla YeşiladaPosted on26 August, 202127 August, 2021 Main opposition Republican People’s Party (CHP) Chair Kemal Kılıçdaroğlu claimed yesterday (August 25) that the … Continue ReadingMain oppotion leader Kilicdaroglu challenges Erdogan’s FX reserve math
Categories Economy HIGHLIGHTS Politics Taliban: We do not want Turkish soldiers in Afghanistan Güldem AtabayPosted on25 August, 2021 Taliban spokesman Zabihullah Mujahid said on Aug. 24 that his group would take over the … Continue ReadingTaliban: We do not want Turkish soldiers in Afghanistan
Categories Economy HIGHLIGHTS Hunger threshold exceeds minimum wage in Turkey Güldem AtabayPosted on25 August, 2021 The United Union of Metal-Workers’ Research Center (BİSAM) has released its “Hunger and Poverty Line … Continue ReadingHunger threshold exceeds minimum wage in Turkey
Categories Economy HIGHLIGHTS Politics Erdoğan twists five financial facts in single speech Güldem AtabayPosted on25 August, 2021 President Recep Tayyip Erdoğan twisted five different facts about the economy in a single speech … Continue ReadingErdoğan twists five financial facts in single speech
Categories Economy HIGHLIGHTS Politics IMF’s Special Drawing Rights to Boost Turkey’s FX Reserves Güldem AtabayPosted on24 August, 2021 Turkey’s foreign currency coffers will get a boost of $6.4 billion Monday thanks to the International … Continue ReadingIMF’s Special Drawing Rights to Boost Turkey’s FX Reserves
Categories Economy HIGHLIGHTS Politics NY Times: Afghan Refugees Find a Harsh and Unfriendly Border in Turkey Güldem AtabayPosted on24 August, 2021 In the days before the Taliban took Kabul, an Afghan woman was doubled over sobbing … Continue ReadingNY Times: Afghan Refugees Find a Harsh and Unfriendly Border in Turkey
Categories Economy HIGHLIGHTS Politics Turkey can’t handle more refugees, Erdoğan tells EU’s Michel Güldem AtabayPosted on23 August, 2021 President Recep Tayyip Erdoğan had a phone conversation with EU Council President Charles Michel yesterday … Continue ReadingTurkey can’t handle more refugees, Erdoğan tells EU’s Michel
Categories Economy General Macro Snapshot: Consumer Confidence Index, August 2021 Cem CetingucPosted on23 August, 2021 Consumer Confidence Index (CCI) decreased by 1.6% to 78.2 in August (July: 79.5). Despite there … Continue ReadingMacro Snapshot: Consumer Confidence Index, August 2021
Categories Economy Finance HIGHLIGHTS Strategist Tim Ash answers FAQ about Turkish economy & markets Atilla YeşiladaPosted on22 August, 2021 Question – the lira has outperformed other EM currencies in recent months, how do you … Continue ReadingStrategist Tim Ash answers FAQ about Turkish economy & markets
Categories Economy HIGHLIGHTS Turkey expects GDP growth in 2021 to soar to 7%…or is it 8% Atilla YeşiladaPosted on22 August, 2021 After posting 1.8% GDP growth amidst the pandemic, officials are upping 2022 growth estimates, while … Continue ReadingTurkey expects GDP growth in 2021 to soar to 7%…or is it 8%
Categories Business Economy HIGHLIGHTS Government announces new Covid-19 restrictions, confidence in AKP, economy to decline Atilla YeşiladaPosted on20 August, 202120 August, 2021 The administration will require negative COVID-19 test results and proofs of vaccination … Continue ReadingGovernment announces new Covid-19 restrictions, confidence in AKP, economy to decline
Categories Economy HIGHLIGHTS Turkey’s dismal inflation pressures Güldem AtabayPosted on20 August, 2021 TURKSTAT unveiled two sets of inflation data today. Agricultural Input Price Index for June 2021 … Continue ReadingTurkey’s dismal inflation pressures
Categories Economy HIGHLIGHTS Politics Poll: Four possible opposition candidates lead Erdoğan, economic crisis most urgent problem Güldem AtabayPosted on19 August, 2021 The Yöneylem Social Research Center has released the results of its monthly opinion poll for … Continue ReadingPoll: Four possible opposition candidates lead Erdoğan, economic crisis most urgent problem
Categories Economy General HIGHLIGHTS Politics Deutsche Bank Plans $1.2 Billion in Turkey ESG Finance Deals Güldem AtabayPosted on19 August, 2021 Deutsche Bank AG is in talks with a number of Turkish clients to ramp up … Continue ReadingDeutsche Bank Plans $1.2 Billion in Turkey ESG Finance Deals