Categories Economy HIGHLIGHTS Markets Report: Average monthly rent prices in Turkey rise by 117 pct on yearly basis. Cem CetingucPosted on24 May, 2023 Average monthly rent prices have increased by 117 percent in one year in Turkey, according … Continue ReadingReport: Average monthly rent prices in Turkey rise by 117 pct on yearly basis.
Categories Economy HIGHLIGHTS Politics The Guardian: Economic crisis in Turkey predicted to worsen following Erdoğan’s victory in the poll Cem CetingucPosted on17 May, 2023 Analysts expect Turkey’s economic crisis to worsen after President Tayyip Erdoğan came top in the first … Continue ReadingThe Guardian: Economic crisis in Turkey predicted to worsen following Erdoğan’s victory in the poll
Categories Economy HIGHLIGHTS Politics Turkey’s Economy Struggles Ahead of May Elections Cem CetingucPosted on17 April, 2023 As the elections near next month, Erdogan continues to fight inflation while the nation still … Continue ReadingTurkey’s Economy Struggles Ahead of May Elections
Categories Finance HIGHLIGHTS Prof Hakan Kara: Rate hikes will jeopardize banks’ capital adequacy Atilla YeşiladaPosted on15 April, 2023 Low-interest bonds erode capital adequacy of banks, claimed former research head of Central Bank of … Continue ReadingProf Hakan Kara: Rate hikes will jeopardize banks’ capital adequacy
Categories Economy General HIGHLIGHTS Politics Erdogan Aims to Revive Turkey’s Economic Standing Prior to Election Cem CetingucPosted on23 March, 2023 Former Turkish economy tsar Mehmet Simsek’s refusal to return to politics has left President Tayyip … Continue ReadingErdogan Aims to Revive Turkey’s Economic Standing Prior to Election
Categories Economy HIGHLIGHTS Analysis: January CPI surprised to the upside Atilla YeşiladaPosted on6 February, 2023 According to BBVA Garanti research, stable currency helped absorb some upward pressure from strong demand, … Continue ReadingAnalysis: January CPI surprised to the upside
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
Categories Economy General HIGHLIGHTS HYPED Nebati: Turkey’s inflation reached its highest level Cem CetingucPosted on29 November, 2022 Inflation has peaked and will start declining, Treasury and Finance Minister Nureddin Nebati has said. “Inflation has reached … Continue ReadingNebati: Turkey’s inflation reached its highest level
Categories Business Company & Industry Economy HIGHLIGHTS Economist: Halal products show great potential in the market Cem CetingucPosted on28 November, 202228 November, 2022 The economy around halal products — those meeting Islamic standards — has a very bright … Continue ReadingEconomist: Halal products show great potential in the market
Categories Business Finance HIGHLIGHTS Turkish Central Bank’s high-wire act to control the exchange rate Atilla YeşiladaPosted on12 November, 2022 (Reuters) – Turkey’s central bank has put the finishing touches to a reserve-management system that … Continue ReadingTurkish Central Bank’s high-wire act to control the exchange rate
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?
Categories Economy HIGHLIGHTS Natasha Turak: Turkey’s inflation tops 85% as Erdogan continues to rule out interest rate hikes Atilla YeşiladaPosted on3 November, 2022 Inflation in Turkey rose for the 17th consecutive month in October, hitting 85.5% year-on-year as … Continue ReadingNatasha Turak: Turkey’s inflation tops 85% as Erdogan continues to rule out interest rate hikes
Categories Economy General HIGHLIGHTS September: Turkish trade deficit surges 268 percent Cem CetingucPosted on30 October, 2022 Turkey’s foreign trade deficit surged 268.1% year-on-year to $9.60 billion in September, with imports climbing … Continue ReadingSeptember: Turkish trade deficit surges 268 percent
Categories Business Economy HIGHLIGHTS Commentary: Is Turkey Headed For a Debt Crisis? Atilla YeşiladaPosted on15 October, 2022 An unprecedented series of interest rate hikes have precipitated fears of a debt crisis … Continue ReadingCommentary: Is Turkey Headed For a Debt Crisis?
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
Categories Economy Finance HIGHLIGHTS The Budget: Another solid report in August, but cloudy outlook Atilla YeşiladaPosted on19 September, 2022 Deficits expected to rise in last 4 months of the year … Read More >The Budget: Another solid report in August, but cloudy outlook
Categories Atilla Yeşilada Economy HIGHLIGHTS ANALYSIS: Economy loses steam by mid-summer Atilla YeşiladaPosted on14 September, 2022 Turkstat and Central Bank of Turkey released a batch of data from the month of … Continue ReadingANALYSIS: Economy loses steam by mid-summer
Categories General HYPED WSJ: Ukraine grain corridor in jeopardy? Atilla YeşiladaPosted on10 September, 2022 What Putin does in Ukraine always hurts Turkey … Read More >WSJ: Ukraine grain corridor in jeopardy?
Categories Cüneyt Akman Economy HIGHLIGHTS ANALSIS: Q2 GDP and beyond: The best is behind us Atilla YeşiladaPosted on1 September, 2022 Turkish Economy recorded 7.6% of YoY economic growth in Q2. The figure was slightly above … Continue ReadingANALSIS: Q2 GDP and beyond: The best is behind us
Categories Economy Finance General HIGHLIGHTS Macro Snapshot: Consumer Confidence Index, July 2022 Cem CetingucPosted on21 July, 2022 Consumer Confidence Index (CCI) recovered in July. CCI increased by 7.4% to 68 in July … Continue ReadingMacro Snapshot: Consumer Confidence Index, July 2022