Categories Economy HIGHLIGHTS Inflation fall has just begun: Erdoğan Cem CetingucPosted on8 July, 2024 President Recep Tayyip Erdoğan on Friday expressed optimism about the future trajectory after inflation slowed … Continue ReadingInflation fall has just begun: Erdoğan
Categories Economy HIGHLIGHTS Istanbul struggles as inflation and cost of living skyrocket Cem CetingucPosted on14 May, 2024 Business has been sluggish for Ismail Hakki, who owns a once-thriving clothing shop in Istanbul’s … Continue ReadingIstanbul struggles as inflation and cost of living skyrocket
Categories Economy HIGHLIGHTS S&P upgrades Turkey’s rating to ‘B+’ amid economic stabilization Cem CetingucPosted on7 May, 2024 Credit ratings agency S&P on Friday upgraded Turkey’s ratings to “B+” from “B”, saying that … Continue ReadingS&P upgrades Turkey’s rating to ‘B+’ amid economic stabilization
Categories Economy HIGHLIGHTS Inflation will decline after May: Şimşek Cem CetingucPosted on3 May, 20243 May, 2024 Turkey’s annual inflation will begin to decline sharply “in line with our predictions” after it … Continue ReadingInflation will decline after May: Şimşek
Categories Economy HIGHLIGHTS HYPED Medium-term economic program is working: Minister Şimşek Cem CetingucPosted on26 April, 2024 The medium-term economic program is working and yielding the desired results, Finance Minister Mehmet Şimşek has said, vowing to further … Continue ReadingMedium-term economic program is working: Minister Şimşek
Categories Economy General HIGHLIGHTS Politics What will be the fate of Turkish economy as elections approach? Cem CetingucPosted on18 March, 202418 March, 2024 In the run-up to significant local elections this month, Türkiye stands at a critical juncture, … Continue ReadingWhat will be the fate of Turkish economy as elections approach?
Categories Economy General HIGHLIGHTS Title corrected: Simsek promises fiscal rectitude to help CB lower inflation Cem CetingucPosted on12 March, 202412 March, 2024 Türkiye’s finance minister Mehmet Simsek announced on Monday the government’s determination to tighten fiscal policies to support … Continue ReadingTitle corrected: Simsek promises fiscal rectitude to help CB lower inflation
Categories Economy HIGHLIGHTS Markets Turkey seeks foreign investments for economic boost Cem CetingucPosted on4 March, 2024 Grappling with economic woes unseen in decades, Türkiye is seeking to shore up foreign investments … Continue ReadingTurkey seeks foreign investments for economic boost
Categories Economy General HIGHLIGHTS Affordable meat lines form in front of Turkish state-stores prior to Ramadan Cem CetingucPosted on29 February, 202429 February, 2024 People formed long queues in front of Turkey’s state-run “Meat and Milk Board” stores to … Continue ReadingAffordable meat lines form in front of Turkish state-stores prior to Ramadan
Categories Economy HIGHLIGHTS Politics Erdoğan claims Turkish economy will rise in 2024 Cem CetingucPosted on28 February, 2024 The Turkish economy will start to rise in the next year as the current difficulties have already … Continue ReadingErdoğan claims Turkish economy will rise in 2024
Categories Economy HIGHLIGHTS Markets Annual rate of increase in Turkish house prices declines Cem CetingucPosted on23 January, 202423 January, 2024 According to Sahibindex’s research, the annual rate of increase in real rental prices in January … Continue ReadingAnnual rate of increase in Turkish house prices declines
Categories Economy Finance HIGHLIGHTS Investment bank projects rising Central Bank reserves Atilla YeşiladaPosted on14 August, 202314 August, 2023 Barclays, one of the leading investment banks in England, projected in its emerging markets research … Continue ReadingInvestment bank projects rising Central Bank reserves
Categories General HIGHLIGHTS Simsek and Erkan made their investor debut, how did it go? Atilla YeşiladaPosted on4 August, 2023 Turkey’s new-look economic team met for the first time with dozens of international investors on … Continue ReadingSimsek and Erkan made their investor debut, how did it go?
Categories Economy HIGHLIGHTS TURKISH ECONOMY SHORTS: Debt, consumer confidence, Eurobond rally Atilla YeşiladaPosted on31 July, 202331 July, 2023 Stratfor– Turkey Wavers Under the Weight of its Debt Load Turkey’s economy has wavered … Continue ReadingTURKISH ECONOMY SHORTS: Debt, consumer confidence, Eurobond rally
Categories Economy HIGHLIGHTS ‘Good news’ from VP Cevdet Yılmaz: ‘No additional tax until the end of the year’ Atilla YeşiladaPosted on30 July, 2023 Vice President Cevdet Yılmaz, arguing that the main factor in tax increases is the earthquake, … Continue Reading‘Good news’ from VP Cevdet Yılmaz: ‘No additional tax until the end of the year’
Categories Economy HIGHLIGHTS New inflation forecast by Gedik Invest: 69 percent by year-end Atilla YeşiladaPosted on27 July, 2023 We revise our end-2023 CPI inflation forecast to 69% from 55% In July, we expect … Continue ReadingNew inflation forecast by Gedik Invest: 69 percent by year-end
Categories Atilla Yeşilada Economy HIGHLIGHTS Video analysis: Can Mehmet Şimşek Rescue Turkish Economy? Atilla YeşiladaPosted on20 June, 2023 Video analysis: Can Mehmet Şimşek Rescue Turkish Economy? Can Mehmet Simsek rescue Turkish … Continue ReadingVideo analysis: Can Mehmet Şimşek Rescue Turkish Economy?
Categories Economy HIGHLIGHTS Erdogan: Fighting inflation is priority number 1 Atilla YeşiladaPosted on19 June, 2023 President Recep Tayyip Erdoğan has vowed to bring inflation, which is currently running at below … Continue ReadingErdogan: Fighting inflation is priority number 1
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