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
Categories Business Economy Macro Snapshot: Outstanding External Loans Received by Private Sector, June 2021 Cem CetingucPosted on19 August, 2021 In June, private sectors’ outstanding short term loans decreased by USD0.2bn to USD9.5bn whereas long … Continue ReadingMacro Snapshot: Outstanding External Loans Received by Private Sector, June 2021
Categories Economy General Is Turkish economy on the verge of a turning point? Cem CetingucPosted on18 August, 2021 Mustafa Kemal Ataturk liked to say “the villager is the master of the nation”. Two … Continue ReadingIs Turkish economy on the verge of a turning point?
Categories Economy HIGHLIGHTS Turkey’s Residential Property Price Index change reaches 29.2 percent yoy Güldem AtabayPosted on17 August, 2021 As per the data released by the central bank, Turkey’s Residential Property Price Index (RPPI) increased … Continue ReadingTurkey’s Residential Property Price Index change reaches 29.2 percent yoy
Categories Economy HIGHLIGHTS Politics Turkey says it welcomes Taliban statements since they seized control Güldem AtabayPosted on17 August, 2021 Turkey is in talks with all parties in Afghanistan, including the Taliban, and views positively … Continue ReadingTurkey says it welcomes Taliban statements since they seized control
Categories Economy HIGHLIGHTS Politics Afghan refugees could give Erdogan leverage with Europe Güldem AtabayPosted on17 August, 2021 The Taliban’s rapid advance into Kabul is not only causing concern about Afghanistan’s future but … Continue ReadingAfghan refugees could give Erdogan leverage with Europe
Categories Economy HIGHLIGHTS Politics The Turkey-Russia Relationship: Why “Compartmentalization” and Not Conflict? Güldem AtabayPosted on17 August, 2021 Russia and Turkey maintain an interesting and volatile geopolitical relationship. The two states share many … Continue ReadingThe Turkey-Russia Relationship: Why “Compartmentalization” and Not Conflict?
Categories Economy HIGHLIGHTS Agricultural producers prices hit 22.8 percent Güldem AtabayPosted on16 August, 2021 Producer Price Index of Agricultural Products (Agriculture-PPI) increased by 22.80% annually and 1.34% monthly. Droughts … Continue ReadingAgricultural producers prices hit 22.8 percent
Categories Economy HIGHLIGHTS 2Q21 unemployment down to 12.4 percent Güldem AtabayPosted on16 August, 2021 TURKSTAT announced the “Seasonally adjusted employment figures for the 2Q21 period in Turkey. As the … Continue Reading2Q21 unemployment down to 12.4 percent
Categories Economy HIGHLIGHTS Bloomberg HT Consumer Confidence Preliminary Index falls sharply in August Güldem AtabayPosted on16 August, 2021 The Bloomberg HT Consumer Confidence Preliminary Index declined by 4.03 percent from the previous month’s final … Continue ReadingBloomberg HT Consumer Confidence Preliminary Index falls sharply in August
Categories Economy HIGHLIGHTS Turkish Economy: The Good, the Bad and the Ugly Atilla YeşiladaPosted on16 August, 2021 Turkish Economy: The Good, the Bad and the Ugly Turkish economy is staging … Continue ReadingTurkish Economy: The Good, the Bad and the Ugly
Categories Economy Finance Macro Focus: IP, June 2021: IP figures indicate a strong growth in Q2 Cem CetingucPosted on15 August, 202115 August, 2021 In June, IP increased by 2.3% MoM and 23.9% on a YoY. According to the consensus, … Continue ReadingMacro Focus: IP, June 2021: IP figures indicate a strong growth in Q2
Categories Economy HIGHLIGHTS Inveo: Turkey’s current account deficit set to shrink through 2021 Atilla YeşiladaPosted on14 August, 202114 August, 2021 C/A deficit continues to trend down in June and is likely to do so going … Continue ReadingInveo: Turkey’s current account deficit set to shrink through 2021
Categories Business Economy HIGHLIGHTS Fitch Affirms Turkey at ‘BB-‘; Outlook Stable Atilla YeşiladaPosted on14 August, 2021 The agency issued the following statement KEY RATING DRIVERS Turkey’s ratings reflect weak monetary … Continue ReadingFitch Affirms Turkey at ‘BB-‘; Outlook Stable
Categories Economy General USD/TRY set to hit new highs at 9.00 by year-end – Standard Chartered Güldem AtabayPosted on12 August, 2021 The Central Bank of the Republic of Turkey (CBRT) is likely to keep its weekly … Continue ReadingUSD/TRY set to hit new highs at 9.00 by year-end – Standard Chartered
Categories Economy General Markets Central bank policy rate kept at 19 percent yet rate cut bets are open Güldem AtabayPosted on12 August, 2021 The Turkish Central Bank Monetary Policy Committee (MPC) kept the one-week repo auction interest rate, … Continue ReadingCentral bank policy rate kept at 19 percent yet rate cut bets are open
Categories Economy HIGHLIGHTS Mustafa Sonmez: Erdogan plays with fire to spur economic growth Atilla YeşiladaPosted on12 August, 2021 According to BloombergHT and AA Finance polls economists don’t anticipate a rate cut in Thursday’s … Continue ReadingMustafa Sonmez: Erdogan plays with fire to spur economic growth
Categories Economy HYPED VoA: Will there really be a post-pandemic recovery? Atilla YeşiladaPosted on11 August, 2021 Even as the U.S. and European economies bounce back from the depths of last year’s … Continue ReadingVoA: Will there really be a post-pandemic recovery?