Categories Economy Finance Macro Snapshot: CBRT Survey of Market Participants Cem CetingucPosted on20 September, 2021 Policy rate would be kept stable in September but to be cut by 100bps in … Continue ReadingMacro Snapshot: CBRT Survey of Market Participants
Categories Economy HIGHLIGHTS Turkey: Headline CPI surprises to the upside; core remains more benign Cem CetingucPosted on7 September, 2021 For the second time in a row, headline surprised to the upside and core surprised … Continue ReadingTurkey: Headline CPI surprises to the upside; core remains more benign
Categories Economy General Macro Snapshot: CBRT Survey of Market Participants Cem CetingucPosted on6 August, 2021 MoM expectations were over the historical averages until October (2003-2019 Median – Aug.: +0.4% Sep.: … Continue ReadingMacro Snapshot: CBRT Survey of Market Participants
Categories Company & Industry Economy An Overview of the Turkish Economy in 2021 Cem CetingucPosted on13 July, 2021 Volkan Korkmazer The CBRT inflation target for the end of 2021 is approximately 12% and … Continue ReadingAn Overview of the Turkish Economy in 2021
Categories Economy General Residential Property Price Index (RPPI) increased 32.4 percent in nominal terms Cem CetingucPosted on17 June, 202117 June, 2021 In April 2021, RPPI increased monthly by 2.0 percent, recorded an annual increase of 32.4 … Continue ReadingResidential Property Price Index (RPPI) increased 32.4 percent in nominal terms
Categories Business Economy General CBRT and China expand swap agreement Cem CetingucPosted on16 June, 2021 The Turkish Central Bank (CBRT) and People’s Bank of China (PBOC) expanded their swap agreement, which was signed in May 2019, … Continue ReadingCBRT and China expand swap agreement
Categories General Macro Snapshot: CBRT’s Expectations Survey Cem CetingucPosted on6 May, 2021 Policy rate would be kept stable in May but could be decreased by 75bps in … Continue ReadingMacro Snapshot: CBRT’s Expectations Survey
Categories Economy HIGHLIGHTS Import prices rise drastically in Turkey amid pandemic Cem CetingucPosted on20 April, 2021 Hayriye Ustun strolled around her neighborhood marketplace looking for the best prices as she suffered … Continue ReadingImport prices rise drastically in Turkey amid pandemic
Categories Economy HIGHLIGHTS CBRT remains on hold but sounds more dovish than before Cem CetingucPosted on16 April, 2021 As widely expected, the CBRT kept its policy rate unchanged at 19.0%. Again as expected, … Continue ReadingCBRT remains on hold but sounds more dovish than before
Categories General Investors turn to Bitcoin after Turkey’s economic turmoil Cem CetingucPosted on13 April, 2021 The neighbourhood teahouse is a focus of daily life across Turkey, an Ottoman tradition that has … Continue ReadingInvestors turn to Bitcoin after Turkey’s economic turmoil
Categories Economy General CORRECTION: Turkey sold 11.7 tons of gold in February due to currency crisis Cem CetingucPosted on8 April, 20218 April, 2021 PATurkey was misled by the confusing text and the fact none of its editors could … Continue ReadingCORRECTION: Turkey sold 11.7 tons of gold in February due to currency crisis
Categories Economy Politics Erdogan starts a political earthquake in Turkey Cem CetingucPosted on29 March, 2021 Vijay Prashad, Ahmet Tonak Significant developments are underway in Turkey. Most ominously, the government of … Continue ReadingErdogan starts a political earthquake in Turkey
Categories Economy Güldem Atabay Politics Erdoğan firing central bank governor gamble on snap elections Cem CetingucPosted on29 March, 202129 March, 2021 Turkey’s President Recep Tayyip Erdoğan shook international markets by firing the well-regarded governor of the … Continue ReadingErdoğan firing central bank governor gamble on snap elections
