Categories Economy HIGHLIGHTS CBRT Inflation Report, 2022/I: Estimates revised upward, but still seem optimistic Atilla YeşiladaPosted on27 January, 2022 The CBRT increased year-end inflation forecast from 11.8% (forecast range: 9.6-14%) to 23.2% (forecast range: … Continue ReadingCBRT Inflation Report, 2022/I: Estimates revised upward, but still seem optimistic
Categories Economy General HIGHLIGHTS Politics Are Turkey’s efforts to fix the economy working? Cem CetingucPosted on20 January, 2022 Turkey’s government and central bank have taken unconventional steps in recent weeks to prop up … Continue ReadingAre Turkey’s efforts to fix the economy working?
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 Finance HIGHLIGHTS CBRT passes up on rate cut, but more are underway Atilla YeşiladaPosted on20 January, 2022 The Turkish Central Bank left its weekly repo rate unchanged 14%, in-line with expectations. This … Continue ReadingCBRT passes up on rate cut, but more are underway
Categories Finance HIGHLIGHTS Markets Turkish lira to weaken to 20 per dollar this year, Standard Chartered says Atilla YeşiladaPosted on20 January, 2022 Turkey’s lira is expected to weaken to 20 per dollar by the end of the … Continue ReadingTurkish lira to weaken to 20 per dollar this year, Standard Chartered says
Categories General Erdoganomics: the Policy that is making Turkey collapse – VisualPolitik EN Atilla YeşiladaPosted on16 January, 2022 For years Turkey was one of the great economic promises. However, the last … Continue ReadingErdoganomics: the Policy that is making Turkey collapse – VisualPolitik EN
Categories General Why Turkey Is Not Fixing It’s Hyperinflation Problem Atilla YeşiladaPosted on16 January, 2022 Cover chart: 12 and 24 mth inflation expectations expressed in Central Bank January tendency … Continue ReadingWhy Turkey Is Not Fixing It’s Hyperinflation Problem
Categories General HYPED CNBC.com: Erdogan blames Turkey’s currency woes on ‘foreign financial tools’ as central bank reserves fall Atilla YeşiladaPosted on13 January, 2022 Turkish President Recep Tayyip Erdogan has pledged to bring down his country’s soaring inflation, which … Continue ReadingCNBC.com: Erdogan blames Turkey’s currency woes on ‘foreign financial tools’ as central bank reserves fall
Categories Economy HIGHLIGHTS Politics Turkish lira holds firm after wild ride; World Bank cuts growth view Cem CetingucPosted on13 January, 2022 Turkey’s lira continued a stable trend on Wednesday, in sharp contrast to a volatile plunge … Continue ReadingTurkish lira holds firm after wild ride; World Bank cuts growth view
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 Finance HIGHLIGHTS Y.F. Macro Focus: CA gave deficit again after 3-month long surpluses Cem CetingucPosted on13 January, 2022 In November , the CA posted a monthly deficit of USD2.7bn (Consensus: USD -2.2bn, YF: … Continue ReadingY.F. Macro Focus: CA gave deficit again after 3-month long surpluses
Categories Atilla Yeşilada Finance HIGHLIGHTS Markets TURKEY: Next Stop Is Currency Controls Atilla YeşiladaPosted on12 January, 2022 Erdogan’s heterodox (unusual) economic policies pushed Turkey into the abyss. “Official” inflation … Continue ReadingTURKEY: Next Stop Is Currency Controls
Categories Business Economy HYPED Turkey’s unemployment unchanged at 11.2 percent in November Atilla YeşiladaPosted on11 January, 2022 Turkey’s jobless rate remained unchanged at 11.2 percent in November compared with the previous month, … Continue ReadingTurkey’s unemployment unchanged at 11.2 percent in November
Categories Economy General HIGHLIGHTS ‘Turkey’s economy is in complete collapse,’ says CHP Chair Kılıçdaroğlu Atilla YeşiladaPosted on11 January, 2022 Republican People’s Party (CHP) Chair Kemal Kılıçdaroğlu spoke at the weekly Parliamentary group meeting of … Continue Reading‘Turkey’s economy is in complete collapse,’ says CHP Chair Kılıçdaroğlu
Categories Economy HIGHLIGHTS Turkey: Economic theory strikes back; inflation reaches 36% Atilla YeşiladaPosted on6 January, 2022 The unorthodox economic views of major policy makers, a premature and front-loaded monetary easing delivered … Continue ReadingTurkey: Economic theory strikes back; inflation reaches 36%
Categories Economy General HIGHLIGHTS Bootleg alcohol death toll rises to 88 in Turkey Cem CetingucPosted on5 January, 2022 The number of people who died of poisoning after consuming bootleg alcohol reached 88 in … Continue ReadingBootleg alcohol death toll rises to 88 in Turkey
Categories Economy HIGHLIGHTS Prof Sebnem Kalemli-Özcan: Erdogan’s experiment with Fischerian Economics Atilla YeşiladaPosted on4 January, 2022 Monetary policy in most economies today is anchored by an explicit inflation target, because targeting … Continue ReadingProf Sebnem Kalemli-Özcan: Erdogan’s experiment with Fischerian Economics
Categories General HIGHLIGHTS Erdogan says “I’m sorry” Atilla YeşiladaPosted on4 January, 2022 COVER Chart: December 2021 annualized CPI and core CPI Turkey’s annual inflation rate surged … Continue ReadingErdogan says “I’m sorry”
Categories Business Economy HIGHLIGHTS Turkey heralds new export record, but trade deficit still $45.9 bn! Atilla YeşiladaPosted on3 January, 2022 Turkey’s total exports increased by 32.9 percent year on year and amounted to 225.368 billion … Continue ReadingTurkey heralds new export record, but trade deficit still $45.9 bn!
Categories Economy HIGHLIGHTS CPI soars past 36 per cent Atilla YeşiladaPosted on3 January, 2022 CPI inflation significantly exceeded median expectation and rises to 36.1% TurkStat revealed December CPI inflation … Continue ReadingCPI soars past 36 per cent
