Categories Economy General HIGHLIGHTS HYPED BNP Paribas | Turkish economy: A double edged sword Cem CetingucPosted on23 July, 2022 “Turkey’s economic situation continues to offer a stark contrast, with resilient growth on one hand … Continue ReadingBNP Paribas | Turkish economy: A double edged sword
Categories Economy General HIGHLIGHTS Turkey’s inflation reaches 73.5 percent in May Cem CetingucPosted on3 June, 20223 June, 2022 Turkey’s annual inflation rate rose at a lower-than-expected pace in May but still jumped to … Continue ReadingTurkey’s inflation reaches 73.5 percent in May
Categories Economy Finance General HIGHLIGHTS Macro Snapshot: Manufacturing PMI remained stable at 49.2 in May Cem CetingucPosted on2 June, 2022 Manufacturing PMI remained stable at 49.2 in May and continued to stay at the contractionary … Continue ReadingMacro Snapshot: Manufacturing PMI remained stable at 49.2 in May
Categories Economy General HIGHLIGHTS Ahval News: 60 percent of Turkey unable to make ends meet, new survey finds Cem CetingucPosted on8 April, 2022 Fifty-nine percent of Turkey’s population is unable to make ends meet as their income was … Continue ReadingAhval News: 60 percent of Turkey unable to make ends meet, new survey finds
Categories Economy General HIGHLIGHTS Politics Erdoğan pledges to protect Turkey against high inflation Cem CetingucPosted on7 April, 2022 President Recep Tayyip Erdoğan on April 7 vowed to protect the nation against rising inflation, … Continue ReadingErdoğan pledges to protect Turkey against high inflation
Categories Company & Industry Economy Finance HIGHLIGHTS S&P Global Ratings Cuts Turkey Local Currency Rating amid Russian war Cem CetingucPosted on4 April, 2022 S&P Global Ratings cut Turkey’s local currency credit rating further into junk, while keeping a … Continue ReadingS&P Global Ratings Cuts Turkey Local Currency Rating amid Russian war
Categories Economy General HIGHLIGHTS HYPED Turkey’s inflation at 61 percent in March Cem CetingucPosted on4 April, 2022 Yearly inflation in Turkey hit 61.14% in March, the country’s statistical authority said on Monday, … Continue ReadingTurkey’s inflation at 61 percent in March
Categories Economy General HIGHLIGHTS Markets Turkey, Poland economy hurt most by war on Ukraine – S&P Cem CetingucPosted on31 March, 202231 March, 2022 The economies of Turkey and Poland will suffer most in major emerging markets from the … Continue ReadingTurkey, Poland economy hurt most by war on Ukraine – S&P
Categories Business Economy General HIGHLIGHTS As Turkey’s economy reels, speculative traders and well-off insiders see opportunity to profit Cem CetingucPosted on23 March, 2022 As most of the Turkish public saw their savings and purchasing power melt away, 40-year-old … Continue ReadingAs Turkey’s economy reels, speculative traders and well-off insiders see opportunity to profit
Categories Economy General HIGHLIGHTS Politics 70 percent of AKP voters think Turkey’s economy is got worse Cem CetingucPosted on23 March, 2022 A new survey by the Aksoy Research company has found that an overwhelming majority of … Continue Reading70 percent of AKP voters think Turkey’s economy is got worse
Categories Economy General HIGHLIGHTS Macro Snapshot: Labour Force Statistics Cem CetingucPosted on11 March, 202211 March, 2022 Labour force decreased by 22k MoM to 33.8mn and participation rate decreased by 0.1 MoM … Continue ReadingMacro Snapshot: Labour Force Statistics
Categories Economy HIGHLIGHTS Politics Meral Akşener condemns economic policies of Turkish government Cem CetingucPosted on20 January, 2022 İYİ (Good) Party leader Meral Akşener on Jan. 19 expressed criticism against the government for its economic … Continue ReadingMeral Akşener condemns economic policies of Turkish government
Categories Economy General HIGHLIGHTS Politics Erdogan persists on Economic Policy as Turkey’s Inflation Rises, Currency Crashes Cem CetingucPosted on13 January, 202213 January, 2022 Turkey’s economy had a difficult year, with its currency depreciating and inflation skyrocketing. Experts warn … Continue ReadingErdogan persists on Economic Policy as Turkey’s Inflation Rises, Currency Crashes
Categories Economy HIGHLIGHTS Politics Kılıçdaroğlu promises economy will recover, if elected Cem CetingucPosted on20 December, 2021 The leader of the main opposition party, Kemal Kılıçdaroğlu, has reiterated his vow to recover the … Continue ReadingKılıçdaroğlu promises economy will recover, if elected
Categories General HIGHLIGHTS Politics President Erdoğan: “Sooner or later inflation will fall” Cem CetingucPosted on20 December, 202120 December, 2021 President Recep Tayyip Erdoğan vowed on Dec. 19 to rein in inflation and reinstated his … Continue ReadingPresident Erdoğan: “Sooner or later inflation will fall”
Categories HIGHLIGHTS Politics Simon A. Waldman: Why Erdogan Will Survive Turkey’s Horrifying Crash Atilla YeşiladaPosted on19 December, 2021 Turkey’s economy is in free fall, but this is unlikely to end the reign of … Continue ReadingSimon A. Waldman: Why Erdogan Will Survive Turkey’s Horrifying Crash
Categories Economy Finance HIGHLIGHTS Macro Snapshot: Outstanding External Loans Received by Private Sector Cem CetingucPosted on16 December, 2021 In October, private sectors’ outstanding ST debt (included trade credits) increased by USD6.4bn to USD48.6bn … Continue ReadingMacro Snapshot: Outstanding External Loans Received by Private Sector
Categories Business Economy HIGHLIGHTS Apparel exports boom while retailers fight for survival amid Turkey’s economic crisis Cem CetingucPosted on9 December, 2021 The country’s currency, the lira, has lost almost half its value against the dollar so … Continue ReadingApparel exports boom while retailers fight for survival amid Turkey’s economic crisis
Categories Economy HIGHLIGHTS The price of Turkish Lira’s collapse gets heavy Cem CetingucPosted on25 November, 202125 November, 2021 Istanbul’s sky is as gloomy as the mood in the households and on the streets … Continue ReadingThe price of Turkish Lira’s collapse gets heavy
Categories Economy Politics Kılıçdaroğlu criticizes economic policy, warns citizens of possible price hikes Cem CetingucPosted on7 October, 20218 October, 2021 The Republican People’s Party (CHP) leader Kemal Kılıçdaroğlu criticized the government for its economic policies and … Continue ReadingKılıçdaroğlu criticizes economic policy, warns citizens of possible price hikes
