Categories Economy HIGHLIGHTS Turkstat: Households spend half of their budget on shelter and food Atilla YeşiladaPosted on17 July, 202017 July, 2020 Turkstat’s 2019 survey of household expenditures reveal the picture of an economy slowly sinking from … Continue ReadingTurkstat: Households spend half of their budget on shelter and food
Categories Atilla Yeşilada Finance COMMENTARY: Capital Flight From Turkey Will Stunt Growth, Weaken Currency Atilla YeşiladaPosted on7 July, 20209 July, 2020 Turkey is in the midst of a silent capital flight, with financial outflows mounting to … Continue ReadingCOMMENTARY: Capital Flight From Turkey Will Stunt Growth, Weaken Currency
Categories Economy Morgan Stanley: On a delicate balance stands Turkey’s economy Atilla YeşiladaPosted on16 June, 202016 June, 2020 In Morgan Stanley’s Sunday “Mid-Year Global Macro Outlook” report, the investment bank expressed dim prospects … Continue ReadingMorgan Stanley: On a delicate balance stands Turkey’s economy
Categories Economy Standard Chartered downgrades Turkey growth outlook Atilla YeşiladaPosted on5 June, 20205 June, 2020 Double-dip recession Turkey’s economy grew a robust 4.5% y/y in Q1 as it continued to … Continue ReadingStandard Chartered downgrades Turkey growth outlook
Categories Economy ANALYSIS: Main factor in price increases is the depreciation of the Turkish lira Atilla YeşiladaPosted on4 June, 20204 June, 2020 Turkish Statistical Institute released consumer (CPI) and domestic producer price (D-PPI) indices of May 2020. … Continue ReadingANALYSIS: Main factor in price increases is the depreciation of the Turkish lira
Categories Economy Inflation, Monetary Policy and Currency Crisis Editor P.A.Posted on21 May, 202023 May, 2020 Real Turkey Channel Video: Central Bank of Turkey cut interest rates by another 50 basis … Continue ReadingInflation, Monetary Policy and Currency Crisis
Categories Economy Turkey’s Great Depression started in April Editor P.A.Posted on8 May, 202021 May, 2020 April survey data portrays an economic landscape that has become a wasteland. However, this is … Continue ReadingTurkey’s Great Depression started in April
Categories Economy Turkish CB governor defends negative real rates Editor P.A.Posted on2 May, 202021 May, 2020 Turkish central bank Governor Murat Uysal is making clear he isn’t about to bend to … Continue ReadingTurkish CB governor defends negative real rates