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Tag: Turkish economy news

Syrian refugees consider ‘going back’ due to Turkish economic crisis
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

Nebati: Turkey’s inflation reached its highest level
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

Economist: Halal products show great potential in the market
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

Turkish Central Bank’s high-wire act to control the exchange rate
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

Turkey: Recession and inflation at the same time?
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?

Natasha Turak:  Turkey’s inflation tops 85% as Erdogan continues to rule out interest rate hikes
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

September: Turkish trade deficit surges 268 percent
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

Commentary:   Is Turkey Headed For a Debt Crisis?
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?

Turkey’s food prices skyrocket despite agriculture
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

The Budget:  Another solid report in August, but cloudy outlook
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

ANALYSIS: Economy loses steam by mid-summer
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

WSJ:  Ukraine grain corridor in jeopardy?
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?

ANALSIS:  Q2 GDP and beyond:  The best is behind us  
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  

Macro Snapshot: Consumer Confidence Index, July 2022
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

Ali Riza Güngen:  The Shifting Politics of Debt in Turkey
Categories Business Finance HYPED

Ali Riza Güngen:  The Shifting Politics of Debt in Turkey

Atilla YeşiladaPosted on14 July, 2022

When the first wave of the Covid-19 pandemic in 2020 triggered widespread economic hardship, Turkish … Continue ReadingAli Riza Güngen:  The Shifting Politics of Debt in Turkey

Video Commentary:  Erdogan’s Lethal Economic Legacy
Categories Atilla Yeşilada Columnists Economy HIGHLIGHTS

Video Commentary:  Erdogan’s Lethal Economic Legacy

Atilla YeşiladaPosted on31 May, 2022

100% inflation, $50 bn current account deficit, $181 bn foreign debt coming due.   After … Continue ReadingVideo Commentary:  Erdogan’s Lethal Economic Legacy

Morgan Stanley:  CBT Preview: Something’s Gotta Give
Categories Finance HIGHLIGHTS Markets

Morgan Stanley:  CBT Preview: Something’s Gotta Give

Atilla YeşiladaPosted on26 May, 2022

We expect the CBT to stay on hold on May 26, but the need for … Continue ReadingMorgan Stanley:  CBT Preview: Something’s Gotta Give

World Bank:  Challenges Weigh on Outlook for Turkish Economy in 2022
Categories Economy HIGHLIGHTS

World Bank:  Challenges Weigh on Outlook for Turkish Economy in 2022

Atilla YeşiladaPosted on23 March, 2022

Turkey’s economy is likely to expand at a much slower pace this year as rising … Continue ReadingWorld Bank:  Challenges Weigh on Outlook for Turkish Economy in 2022

Ukraine crisis: Purchase order cancellations reached 200 million dollars in Turkish clothing sector
Categories Business Company & Industry General Markets

Ukraine crisis: Purchase order cancellations reached 200 million dollars in Turkish clothing sector

Cem CetingucPosted on2 March, 20222 March, 2022

After Russia’s declaration of war on Ukraine last week, the effects of the economic sanctions … Continue ReadingUkraine crisis: Purchase order cancellations reached 200 million dollars in Turkish clothing sector

Turkey hit from several fronts as Ukraine War escalates
Categories Business HYPED

Turkey hit from several fronts as Ukraine War escalates

Atilla YeşiladaPosted on26 February, 2022

Under the din of jet fighter bombing civilian areas and a massive misdirection campaign staged … Continue ReadingTurkey hit from several fronts as Ukraine War escalates

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