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Tag: Turkish economy news

Turkish economy laid low by Covid-19, Erdogan
Categories Economy HIGHLIGHTS

Turkish economy laid low by Covid-19, Erdogan

Atilla YeşiladaPosted on8 April, 2021

Turkish President Tayyip Erdogan set the stage for higher inflation and slower economic growth when … Continue ReadingTurkish economy laid low by Covid-19, Erdogan

Credit Suisse Commentary:  Turkey—Pushing the limits
Categories Economy

Credit Suisse Commentary: Turkey—Pushing the limits

Atilla YeşiladaPosted on30 June, 202030 June, 2020

Economic activity is now rebounding from its April low Turkey’s relatively well-functioning health infrastructure and … Continue ReadingCredit Suisse Commentary: Turkey—Pushing the limits

Turkey: From Health Crisis to Political Turbulence
Categories Economy Politics

Turkey: From Health Crisis to Political Turbulence

Atilla YeşiladaPosted on10 June, 202012 June, 2020

Turkey is yet to get over its Covid-19 pandemic, with daily cases rising as quarantines … Continue ReadingTurkey: From Health Crisis to Political Turbulence

Is Bank Research:  Data highlights for Turkish Economy
Categories Economy

Is Bank Research: Data highlights for Turkish Economy

Atilla YeşiladaPosted on6 June, 20209 June, 2020

Turkey’s first quarter growth announced at the end of May signaled that the economic impact … Continue ReadingIs Bank Research: Data highlights for Turkish Economy

Standard Chartered downgrades Turkey growth outlook
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

ANALYSIS:  Main factor in price increases is the depreciation of the Turkish lira
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

Bloomberg HT Consumer Confidence recovered in May
Categories Economy

Bloomberg HT Consumer Confidence recovered in May

Atilla YeşiladaPosted on2 June, 20202 June, 2020

May survey data from Turkey reveals a modest improvement in economic activity, as restrictions on … Continue ReadingBloomberg HT Consumer Confidence recovered in May

Central Bank increases swap borrowing, FX reserves drop further
Categories Finance

Central Bank increases swap borrowing, FX reserves drop further

Atilla YeşiladaPosted on29 May, 202030 May, 2020

Cover chart: FX deposits in banks vs dollar/TL According to latest data, the FX reserves … Continue ReadingCentral Bank increases swap borrowing, FX reserves drop further

FT:  Turkey looks to weather coronavirus crisis without IMF support
Categories Economy

FT: Turkey looks to weather coronavirus crisis without IMF support

Atilla YeşiladaPosted on27 May, 202029 May, 2020

Turkey’s battered finances have been shaken further by the coronavirus pandemic but President Recep Tayyip … Continue ReadingFT: Turkey looks to weather coronavirus crisis without IMF support

Stratfor:  Why Turkey’s Ruling AKP Party’s Coronavirus Plan Could Be a Disaster
Categories Economy

Stratfor: Why Turkey’s Ruling AKP Party’s Coronavirus Plan Could Be a Disaster

Atilla YeşiladaPosted on26 May, 202029 May, 2020

Amid the escalating domestic and global fallout from the COVID-19 crisis, Turkish President Recep Tayyip … Continue ReadingStratfor: Why Turkey’s Ruling AKP Party’s Coronavirus Plan Could Be a Disaster

Is Turkey’s monetary easing over?
Categories Economy

Is Turkey’s monetary easing over?

Atilla YeşiladaPosted on25 May, 202029 May, 2020

Central Bank of Turkey delivered its ninth successive rate cut last week, reducing its key … Continue ReadingIs Turkey’s monetary easing over?

Turkish unemployment flat in February, but set to rise
Categories Economy

Turkish unemployment flat in February, but set to rise

Editor P.A.Posted on11 May, 202021 May, 2020

Turkey’s official stats agency Turkstat reported on Monday that “the number of unemployed persons aged … Continue ReadingTurkish unemployment flat in February, but set to rise

Covid-19 takes its toll on public budget
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

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