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Tag: inflation

TurkStat: Inflation falls to 43.68 in April
Categories Economy General HIGHLIGHTS

TurkStat: Inflation falls to 43.68 in April

Cem CetingucPosted on3 May, 20233 May, 2023

Annual consumer price inflation in Türkiye fell to 43.68% in April, TurkStat data showed Wednesday, … Continue ReadingTurkStat: Inflation falls to 43.68 in April

CEO of İş Bankası: ‘Inflation problem will be around for a while’
Categories Economy Finance HIGHLIGHTS

CEO of İş Bankası: ‘Inflation problem will be around for a while’

Cem CetingucPosted on1 May, 20231 May, 2023

The CEO of İş Bankası, Hakan Aran, stated that the inflation problem cannot be resolved … Continue ReadingCEO of İş Bankası: ‘Inflation problem will be around for a while’

Turks reluctant to host guests during Eid holiday over economic concerns
Categories Economy HIGHLIGHTS HYPED

Turks reluctant to host guests during Eid holiday over economic concerns

Cem CetingucPosted on26 April, 2023

Some 69 percent of the Turkish population said they could not set a rich iftar … Continue ReadingTurks reluctant to host guests during Eid holiday over economic concerns

Could Turkey’s Inflation Crisis Affect Erdogan’s Re-Election Bid?
Categories Economy HIGHLIGHTS HYPED Politics

Could Turkey’s Inflation Crisis Affect Erdogan’s Re-Election Bid?

Cem CetingucPosted on17 April, 202317 April, 2023

A month before Turkey goes to the polls on May 14, the country’s inflation crisis … Continue ReadingCould Turkey’s Inflation Crisis Affect Erdogan’s Re-Election Bid?

Erdogan’s election manifesto:  More of the same, though with different results!?
Categories General HIGHLIGHTS

Erdogan’s election manifesto:  More of the same, though with different results!?

Atilla YeşiladaPosted on11 April, 2023

Turkish President Recep Tayyip Erdogan on Tuesday announced AK Party’s manifesto ahead of the May … Continue ReadingErdogan’s election manifesto:  More of the same, though with different results!?

March inflation in Turkey expected to drop to 51.3 percent
Categories General HIGHLIGHTS

March inflation in Turkey expected to drop to 51.3 percent

Cem CetingucPosted on30 March, 2023

Turkey’s annual inflation should slow to 51.3 percent in March even as prices continue to … Continue ReadingMarch inflation in Turkey expected to drop to 51.3 percent

Turkey’s inflation falls to 55.2 percent in February
Categories Economy General HIGHLIGHTS

Turkey’s inflation falls to 55.2 percent in February

Cem CetingucPosted on3 March, 2023

Türkiye’s inflation eased slightly more than expected in February, official data showed Friday, but prices … Continue ReadingTurkey’s inflation falls to 55.2 percent in February

Categories Economy General HIGHLIGHTS

Turkish economy trembles after devistating earthquake

Cem CetingucPosted on21 February, 2023

Turkey was already battling runaway inflation and relying on rich allies for funding to keep … Continue ReadingTurkish economy trembles after devistating earthquake

Video Analysis:  Everything You Need To Know About Turkey in 2023
Categories Atilla Yeşilada General HIGHLIGHTS

Video Analysis:  Everything You Need To Know About Turkey in 2023

Atilla YeşiladaPosted on17 January, 2023

    Everything you need to know about Turkey in 2023   Biggest economic problem: … Continue ReadingVideo Analysis:  Everything You Need To Know About Turkey in 2023

CBRT’s medium-term inflation target stays the same
Categories General HIGHLIGHTS

CBRT’s medium-term inflation target stays the same

Cem CetingucPosted on2 January, 2023

The Central Bank has said that under the inflation targeting regime, the medium-term inflation target of 5 … Continue ReadingCBRT’s medium-term inflation target stays the same

Erdogan vows to tackle Turkey’s high inflation
Categories Economy HIGHLIGHTS Politics

Erdogan vows to tackle Turkey’s high inflation

Cem CetingucPosted on21 December, 2022

President Recep Tayyip Erdoğan on Dec. 21 vowed to sharply decline the inflation in Turkey … Continue ReadingErdogan vows to tackle Turkey’s high inflation

Syrian refugees consider ‘going back’ due to Turkish economic crisis
Categories Economy General HIGHLIGHTS

Syrian refugees consider ‘going back’ due to Turkish economic crisis

Cem CetingucPosted on14 December, 2022

Amid rampant inflation and an economic crisis in Turkey, and with an election scheduled in … Continue ReadingSyrian refugees consider ‘going back’ due to Turkish economic crisis

Head of Turkish Exporters: FX rate is the real indicator for inflation
Categories Economy General HIGHLIGHTS

Head of Turkish Exporters: FX rate is the real indicator for inflation

Cem CetingucPosted on8 December, 20228 December, 2022

The exchange rate should be directly proportional to inflation levels, the head of the Turkish … Continue ReadingHead of Turkish Exporters: FX rate is the real indicator for inflation

Turkish Statistical Institute: Inflation slows down in November
Categories Economy General HIGHLIGHTS

Turkish Statistical Institute: Inflation slows down in November

Cem CetingucPosted on5 December, 2022

The annual consumer price inflation eased from 85.5 percent in October to 84.39 percent in … Continue ReadingTurkish Statistical Institute: Inflation slows down in November

Morgan Stanley:  Turkey is at a crossroads
Categories Economy HIGHLIGHTS

Morgan Stanley:  Turkey is at a crossroads

Atilla YeşiladaPosted on17 November, 2022

Continuing with low interest rates post-2023 elections implies higher inflation and slowerrowth, with risks of … Continue ReadingMorgan Stanley:  Turkey is at a crossroads

Turkey: Recession and inflation at the same time?
Categories Economy HIGHLIGHTS

Turkey: Recession and inflation at the same time?

Atilla YeşiladaPosted on3 November, 2022

The Turkish government under President Recep Tayyip Erdoğan has refused to abandon a low interest … Continue ReadingTurkey: Recession and inflation at the same time?

CBRT lifts year-end inflation forecast to 65.2 percent
Categories Economy General HIGHLIGHTS

CBRT lifts year-end inflation forecast to 65.2 percent

Cem CetingucPosted on31 October, 2022

Turkey’s central bank has lifted its inflation forecast for the end of 2022 to 65.2% … Continue ReadingCBRT lifts year-end inflation forecast to 65.2 percent

Economic crisis hits Turkish youth hard
Categories Economy General HIGHLIGHTS HYPED

Economic crisis hits Turkish youth hard

Cem CetingucPosted on18 October, 202218 October, 2022

Inflation has risen at such a rapid rate in Turkey that people have a hard … Continue ReadingEconomic crisis hits Turkish youth hard

Turkey’s food prices skyrocket despite agriculture
Categories Economy General HIGHLIGHTS

Turkey’s food prices skyrocket despite agriculture

Cem CetingucPosted on20 September, 202220 September, 2022

Turkey is one of the world’s largest agricultural producers. Yet increases in food prices are … Continue ReadingTurkey’s food prices skyrocket despite agriculture

Turkish parents struggle with school shopping due to inflation
Categories Economy General HIGHLIGHTS HYPED

Turkish parents struggle with school shopping due to inflation

Cem CetingucPosted on12 September, 2022

Many Turkish parents in Turkey, already on a shoestring budget due to the rising inflation, … Continue ReadingTurkish parents struggle with school shopping due to inflation

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