Categories Business Economy General HIGHLIGHTS Turkey’s Inflation is Wild, but economy is booming Cem CetingucPosted on9 August, 2022
Categories Company & Industry Economy General HIGHLIGHTS Lessons from Turkey’s careless attempt to restrict crypto Cem CetingucPosted on8 August, 2022 The Turkish government’s ambitious plan to restrict the use of cryptocurrencies to protect the local … Continue ReadingLessons from Turkey’s careless attempt to restrict crypto
Categories Business Finance General HIGHLIGHTS HYPED US policy rate hikes make things harder for Turkish economy Cem CetingucPosted on4 August, 2022 The remaining hopes for the Turkish economy to get better sooner are vanishing fast after … Continue ReadingUS policy rate hikes make things harder for Turkish economy
Categories Economy Finance General HIGHLIGHTS Kubilay: As Turkey’s economic woes worsen, a new currency crisis is approaching Cem CetingucPosted on21 July, 2022 Turkey’s economic problems continue to go from bad to worse. Its foreign trade deficit has … Continue ReadingKubilay: As Turkey’s economic woes worsen, a new currency crisis is approaching
Categories Economy Emerging Markets General HIGHLIGHTS Markets Reuters: Turkish Lira continues to weaken, Nebati says rates to stay put Cem CetingucPosted on7 June, 20227 June, 2022 Turkey’s lira slid to beyond 16.55 against the dollar on Monday, bringing its losses to … Continue ReadingReuters: Turkish Lira continues to weaken, Nebati says rates to stay put
Categories Economy General HIGHLIGHTS Turkish economy grows 7.3 percent in first quarter Cem CetingucPosted on31 May, 2022 Turkey’s economy topped forecasts to expand by 7.3% in the first quarter of 2022, official … Continue ReadingTurkish economy grows 7.3 percent in first quarter
Categories Company & Industry Economy General HIGHLIGHTS Markets Turkish publishers struggle to survive amid economic crisis Cem CetingucPosted on30 May, 2022 Turkish publishers are increasingly struggling to release new books and face agonising choices to survive amid … Continue ReadingTurkish publishers struggle to survive amid economic crisis
Categories Economy HIGHLIGHTS Turkish inflation rate may hit 200 percent, research group says Atilla YeşiladaPosted on29 May, 2022 Consumer price inflation in Turkey may accelerate to more than 200 percent, local research organization … Continue ReadingTurkish inflation rate may hit 200 percent, research group says
Categories Economy General HIGHLIGHTS Turkish government contemplates rent price cap to battle against soaring prices Cem CetingucPosted on25 May, 2022 To discuss the sharp increase in housing and rent prices, the Ministry of Environment, Urbanization … Continue ReadingTurkish government contemplates rent price cap to battle against soaring prices
Categories General CBRT survey reveals Turkey’s year-end inflation is around 58 percent Cem CetingucPosted on23 May, 2022 Expectations for Turkish inflation through the end of this year have ticked higher, a closely … Continue ReadingCBRT survey reveals Turkey’s year-end inflation is around 58 percent
Categories Economy General HIGHLIGHTS Politics CBRT to meet this week for policy rate Cem CetingucPosted on23 May, 2022 Policymakers at Turkey’s Central Bank are set to meet later this week to decide on the key interest rate. … Continue ReadingCBRT to meet this week for policy rate
Categories Economy General HIGHLIGHTS Turkish life standards hit the bottom due to high inflation Cem CetingucPosted on16 May, 2022 Inflation in Turkey hit a two-decade high of almost 70% in April, as prices of … Continue ReadingTurkish life standards hit the bottom due to high inflation
Categories Economy General HIGHLIGHTS Erdoğan pledges to battle high cost of living Cem CetingucPosted on10 May, 2022 Pesident Recep Tayyip Erdoğan on Monday pledged arrangements to boost the purchasing power of lower-income … Continue ReadingErdoğan pledges to battle high cost of living
Categories Economy General HIGHLIGHTS Politics 60 percent of Turkey lost faith in Erdogan: Metropoll survey Cem CetingucPosted on9 May, 20229 May, 2022 Almost 60 percent of Turkish voters do not believe that President Recep Tayyip Erdoğan can … Continue Reading60 percent of Turkey lost faith in Erdogan: Metropoll survey
Categories General HIGHLIGHTS Markets Global warming can wipe out 4 percent of global GDP by 2050 Cem CetingucPosted on27 April, 202227 April, 2022 Climate change could see 4% of global annual economic output lost by 2050 and hit … Continue ReadingGlobal warming can wipe out 4 percent of global GDP by 2050
Categories Economy General HIGHLIGHTS President: Turkey is taking steps to achieve economic targets Cem CetingucPosted on4 April, 2022 Turkey is taking steps to achieve its economic targets while the world is shaken by problems, … Continue ReadingPresident: Turkey is taking steps to achieve economic targets
Categories Economy General HIGHLIGHTS Politics Trade Minister: Price inspections will carry on Cem CetingucPosted on1 April, 2022 Officials will conduct inspections at businesses to check prices after a government decision to reduce the … Continue ReadingTrade Minister: Price inspections will carry on
Categories Economy Finance General HIGHLIGHTS Macro Snapshot: Consumer Confidence Index Cem CetingucPosted on23 March, 2022 CCI increased by 1.9% to 72.5 in March (February: 71.2, -2.8% MoM). Despite there was … Continue ReadingMacro Snapshot: Consumer Confidence Index
Categories Economy Finance General HIGHLIGHTS Y.F. Macro Focus: CBRT’s advance dividend and reserve funds supported budget Cem CetingucPosted on15 March, 2022 In February, budget gave a surplus of TRY69.7bn (Feb.21: TRY-23.2bn, Jan.22: TRY+30bn). Despite, there was no … Continue ReadingY.F. Macro Focus: CBRT’s advance dividend and reserve funds supported budget
Categories Economy General HIGHLIGHTS Price hikes rain hellfire down on Turkish consumers Cem CetingucPosted on9 March, 2022 Price hikes rain hellfire down on Turkish consumers In his recent statement to the Turkish … Continue ReadingPrice hikes rain hellfire down on Turkish consumers