Categories Economy HIGHLIGHTS Government’s priority for 2022-2024 likely to be “GDP growth” Atilla YeşiladaPosted on7 September, 2021 The new economy program for 2022-2024 has been unveiled The medium-term program for the … Continue ReadingGovernment’s priority for 2022-2024 likely to be “GDP growth”
Categories Economy HYPED Gedik Invest: Revising our 2021 GDP growth estimate to 8.3% from 5.2% Atilla YeşiladaPosted on2 September, 2021 2Q21 GDP growth reaches 21.7%, in line with expectations TurkStat announced that 2Q21 GDP … Continue ReadingGedik Invest: Revising our 2021 GDP growth estimate to 8.3% from 5.2%
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 Economy HYPED Gedik Invest revises its 2021 GDP growth forecast to 4.5% from 3.5% Atilla YeşiladaPosted on31 May, 2021 1Q21 GDP growth at 7.0% slightly exceeds market expectations TurkStat announced that 1Q21 GDP … Continue ReadingGedik Invest revises its 2021 GDP growth forecast to 4.5% from 3.5%
Categories Economy HIGHLIGHTS Turkey: Budget deficit drops to below 2.0% of GDP as of April Atilla YeşiladaPosted on18 May, 2021 Budget deficit drops to below 2.0% of GDP as of April, mainly due to soaring … Continue ReadingTurkey: Budget deficit drops to below 2.0% of GDP as of April
Categories Finance Gedik Invest: Rate cut expectations may be postponed Atilla YeşiladaPosted on6 May, 2021 CBRT kept its policy rate on hold at 19.0%, which is in line with market … Continue ReadingGedik Invest: Rate cut expectations may be postponed
Categories Markets Monthly Equity Strategy: Signs of V-shaped recovery (or not)? Atilla YeşiladaPosted on14 July, 202017 July, 2020 Fast credit growth, the recovery in credit card spending, especially the revival of housing, … Continue ReadingMonthly Equity Strategy: Signs of V-shaped recovery (or not)?
Categories Economy Seker Invest: CPI inflation greatly exceeds market expectations (as in May) Atilla YeşiladaPosted on3 July, 20203 July, 2020 After the release of June inflation data, disappointment spread among economists, some of whom began … Continue ReadingSeker Invest: CPI inflation greatly exceeds market expectations (as in May)
Categories Business Economy Turkey: Signs of V-shaped recovery (or not)? Atilla YeşiladaPosted on25 June, 202027 June, 2020 TURKSTAT announced the manufacturing sector capacity utilization (CU) rate and the real sector confidence index … Continue ReadingTurkey: Signs of V-shaped recovery (or not)?
Categories Economy Covid-19 takes its toll on public budget Editor P.A.Posted on4 May, 202021 May, 2020 The central government budget posted a TRY43.7bn deficit in March, compared to the TRY24.5bn deficit … Continue ReadingCovid-19 takes its toll on public budget