Categories Economy HIGHLIGHTS July survey shows continued improvement in inflation expectations Cem CetingucPosted on22 July, 2024 Inflation expectations for the end of 2024 declined from 43.52 percent in June to 42.95 percent … Continue ReadingJuly survey shows continued improvement in inflation expectations
Categories Economy HIGHLIGHTS Turkey’s budget deficit 23.6 billion dollar in first half Cem CetingucPosted on16 July, 2024 In the first half of 2024, Turkey’s central government budget recorded a deficit of 747.2 … Continue ReadingTurkey’s budget deficit 23.6 billion dollar in first half
Categories Economy HIGHLIGHTS Finance Minister Şimşek declares inflation peak has passed Cem CetingucPosted on11 July, 2024 The worst is over in inflation, Treasury and Finance Minister Mehmet Şimşek has said, adding that “we … Continue ReadingFinance Minister Şimşek declares inflation peak has passed
Categories Economy HIGHLIGHTS Maximum rent hike sets at 65 percent as per inflation data Cem CetingucPosted on4 July, 20244 July, 2024 As the 25 percent cap on rent hikes expired as of July 2, landlords and … Continue ReadingMaximum rent hike sets at 65 percent as per inflation data
Categories Economy HYPED Inflation ANALYSIS: Relief comes from the currency; CPI inflation comes below expected in June Atilla YeşiladaPosted on3 July, 2024 CPI inflation was 1.64% in june, leading to a fall in YoY terms to 71.60% … Continue ReadingInflation ANALYSIS: Relief comes from the currency; CPI inflation comes below expected in June
Categories Business Economy HIGHLIGHTS Türkiye and BRICS: What are the mutual economic benefits? Cem CetingucPosted on2 July, 2024 As BRICS expands to challenge the Western-dominated global financial and trade order, Türkiye’s potential membership … Continue ReadingTürkiye and BRICS: What are the mutual economic benefits?
Categories Economy HIGHLIGHTS Turkey’s 5-month trade gap narrows by 24.9 percent Cem CetingucPosted on2 July, 2024 ISTANBUL (Turkey), June 30 (SeeNews) – Turkey’s trade deficit decreased by 24.9% year-on-year to $31.61 … Continue ReadingTurkey’s 5-month trade gap narrows by 24.9 percent
Categories Business Economy HIGHLIGHTS TURKEY: Consumer confidence up, along with inflation expectations Atilla YeşiladaPosted on1 July, 2024 June data dump revealed a fairly ugly picture of the economy. June manufacturing PMI remained … Continue ReadingTURKEY: Consumer confidence up, along with inflation expectations
Categories Finance HIGHLIGHTS New surveys by Central Bank reveal outrageously high inflation expectations among households Atilla YeşiladaPosted on29 June, 2024 A new blog penned by Central Bank of Turkey (CBRT) research staff reveals divergent inflation … Continue ReadingNew surveys by Central Bank reveal outrageously high inflation expectations among households
Categories Business Economy HIGHLIGHTS Economy stumbles into second quarter on slippery footing Atilla YeşiladaPosted on12 June, 2024 After a very rapid first quarter, when QoQ GDP growth reached %2.4, April industrial production … Continue ReadingEconomy stumbles into second quarter on slippery footing
Categories Economy HIGHLIGHTS Türkiye’s FX Reserves Turn Positive After Four-Year Decline Cem CetingucPosted on6 June, 2024 The Turkish central bank’s net international reserves, excluding swaps, rose last week into positive territory … Continue ReadingTürkiye’s FX Reserves Turn Positive After Four-Year Decline
Categories Business Company & Industry HYPED New recommendation for Turkey’s private lenders Atilla YeşiladaPosted on2 June, 2024 This is an excerpt from HSBC Research Note! PA Turkey does not do equity research, … Continue ReadingNew recommendation for Turkey’s private lenders
Categories Economy HIGHLIGHTS ANALYSIS: GDP soars in 1Q2024, negative spill-over to inflation Atilla YeşiladaPosted on2 June, 2024 GDP growth in 1Q24 stood at 5.7% YoY and 2.4% QoQ. TurkStat revealed 1Q24 GDP … Continue ReadingANALYSIS: GDP soars in 1Q2024, negative spill-over to inflation
Categories Atilla Yeşilada Economy SHOCKER!!! Turkish inflation is 113%–video Atilla YeşiladaPosted on1 June, 2024 A recent survey Koc University and polling agency KONDA reported that participants think consumer … Continue ReadingSHOCKER!!! Turkish inflation is 113%–video
Categories Economy HIGHLIGHTS Monetary policy will not stoke inflation: Erdoğan Cem CetingucPosted on30 May, 2024 While addressing the Foreign Economic Relations Board, Turkish President Erdoğan has argued that the recently … Continue ReadingMonetary policy will not stoke inflation: Erdoğan
Categories Atilla Yeşilada Economy HIGHLIGHTS Turkey has 6 months to avert the next economic crisis–video commentary Atilla YeşiladaPosted on25 May, 2024 Turkey has 6 months to avert the next economic crisis On the face of it, … Continue ReadingTurkey has 6 months to avert the next economic crisis–video commentary
Categories Economy Finance HIGHLIGHTS ANALYSIS: CBRT stays on hold, but tightens via other measures Atilla YeşiladaPosted on24 May, 2024 Intro The Central Bank (CBRT) maintained the policy rate (50%) and the range between borrowing … Continue ReadingANALYSIS: CBRT stays on hold, but tightens via other measures
Categories Economy Finance HIGHLIGHTS HSBC Research: Sentiment for Turkey is positive, again Atilla YeşiladaPosted on22 May, 2024 After speaking with investors over the past two weeks… ◆ …we note a significant improvement … Continue ReadingHSBC Research: Sentiment for Turkey is positive, again
Categories Economy HIGHLIGHTS Inflation Outlook Improves: Minister Şimşek Cem CetingucPosted on20 May, 2024 The positive results of the economic program the government is implementing are reflected in inflation … Continue ReadingInflation Outlook Improves: Minister Şimşek
Categories Economy HIGHLIGHTS Fiscal outlook deteriorates despite the robustness in tax revenues Atilla YeşiladaPosted on16 May, 2024 The central government budget posted a TL178bn deficit in April, while the 12-month rolling deficit … Continue ReadingFiscal outlook deteriorates despite the robustness in tax revenues