Categories Finance HIGHLIGHTS Markets Central Bank MPC: Inflation? No problem Atilla YeşiladaPosted on14 April, 2022 CBRT kept 1-week repo rate (policy rate) stable at 14%, as expected, for the forth … Continue ReadingCentral Bank MPC: Inflation? No problem
Categories Economy HIGHLIGHTS Garanti BBVA: Turkish economy contracting as of April Atilla YeşiladaPosted on14 April, 2022 Recovery in February IP might be temporary Monthly IP recovered in February on the back … Continue ReadingGaranti BBVA: Turkish economy contracting as of April
Categories Emerging Markets General HIGHLIGHTS WB Europe and Central Asia Economic Update: Impact of War Atilla YeşiladaPosted on12 April, 2022 The Russian Federation’s war with Ukraine has triggered a catastrophic humanitarian crisis and threatened the … Continue ReadingWB Europe and Central Asia Economic Update: Impact of War
Categories Economy HIGHLIGHTS JP Morgan: Turkey hit by unorthodox policies Atilla YeşiladaPosted on9 April, 2022 Annual inflation has reached 61%, reflecting the seriousness of the problems in the economy … Continue ReadingJP Morgan: Turkey hit by unorthodox policies
Categories Economy General HIGHLIGHTS Ahval News: 60 percent of Turkey unable to make ends meet, new survey finds Cem CetingucPosted on8 April, 2022 Fifty-nine percent of Turkey’s population is unable to make ends meet as their income was … Continue ReadingAhval News: 60 percent of Turkey unable to make ends meet, new survey finds
Categories Economy General HIGHLIGHTS Politics Erdoğan pledges to protect Turkey against high inflation Cem CetingucPosted on7 April, 2022 President Recep Tayyip Erdoğan on April 7 vowed to protect the nation against rising inflation, … Continue ReadingErdoğan pledges to protect Turkey against high inflation
Categories Economy HYPED Commentary: CPI inflation could test 70% mid-year Atilla YeşiladaPosted on6 April, 2022 CPI inflation at 5.46% comes broadly in line with expectations in March and rises to … Continue ReadingCommentary: CPI inflation could test 70% mid-year
Categories Economy HIGHLIGHTS JP Morgan: Turkey-sitting and watching inflation spiral up Atilla YeşiladaPosted on5 April, 2022 March CPI data provided fresh evidence on the sharp strengthening in price pressures that follow … Continue ReadingJP Morgan: Turkey-sitting and watching inflation spiral up
Categories Company & Industry Economy Finance HIGHLIGHTS S&P Global Ratings Cuts Turkey Local Currency Rating amid Russian war Cem CetingucPosted on4 April, 2022 S&P Global Ratings cut Turkey’s local currency credit rating further into junk, while keeping a … Continue ReadingS&P Global Ratings Cuts Turkey Local Currency Rating amid Russian war
Categories Economy General HIGHLIGHTS HYPED Turkey’s inflation at 61 percent in March Cem CetingucPosted on4 April, 2022 Yearly inflation in Turkey hit 61.14% in March, the country’s statistical authority said on Monday, … Continue ReadingTurkey’s inflation at 61 percent in March
Categories Economy General HIGHLIGHTS President: Turkey is taking steps to achieve economic targets Cem CetingucPosted on4 April, 2022 Turkey is taking steps to achieve its economic targets while the world is shaken by problems, … Continue ReadingPresident: Turkey is taking steps to achieve economic targets
Categories Atilla Yeşilada Business Economy HIGHLIGHTS Commentary: Soaring trade deficits, shrinking PMI and sickly consumer confidence Atilla YeşiladaPosted on1 April, 2022 Recent data reveals a weakening of economic activity in Turkey, which weakness is likely to … Continue ReadingCommentary: Soaring trade deficits, shrinking PMI and sickly consumer confidence
Categories Economy General HIGHLIGHTS Politics Trade Minister: Price inspections will carry on Cem CetingucPosted on1 April, 2022 Officials will conduct inspections at businesses to check prices after a government decision to reduce the … Continue ReadingTrade Minister: Price inspections will carry on
Categories Economy General HIGHLIGHTS Markets Turkey, Poland economy hurt most by war on Ukraine – S&P Cem CetingucPosted on31 March, 202231 March, 2022 The economies of Turkey and Poland will suffer most in major emerging markets from the … Continue ReadingTurkey, Poland economy hurt most by war on Ukraine – S&P
Categories Economy HYPED Economic confidence hits 10 month low Atilla YeşiladaPosted on31 March, 2022 Turkey’s economic confidence index decreased for the second consecutive month in March, the country’s statistical … Continue ReadingEconomic confidence hits 10 month low
Categories Economy HIGHLIGHTS Kenneth Rogoff has a dire warning for Turkey Atilla YeşiladaPosted on31 March, 20227 September, 2022 Turkey may be in danger of slumping into a deeper economic crisis than it experienced … Continue ReadingKenneth Rogoff has a dire warning for Turkey
Categories Atilla Yeşilada Columnists Economy HIGHLIGHTS Three Scourges of Turkish Economy: Unemployment, Inflation, and External Deficit Atilla YeşiladaPosted on30 March, 2022 Three Scourges of Turkish Economy: Unemployment, Inflation, and External Deficit After a stellar year … Continue ReadingThree Scourges of Turkish Economy: Unemployment, Inflation, and External Deficit
Categories HIGHLIGHTS Turkey: Growing risks to the Outlook—ING Atilla YeşiladaPosted on28 March, 2022 Following the announcement of measures to support the lira last year, relative stability has returned … Continue ReadingTurkey: Growing risks to the Outlook—ING
Categories Business General HYPED Turkish expert (Reuters): Secondary sanctions are a risk for Turkey Atilla YeşiladaPosted on23 March, 2022 International policy expert Prof. Dr. Mustafa Aydın stated that if the Russia-Ukraine war prolongs, it … Continue ReadingTurkish expert (Reuters): Secondary sanctions are a risk for Turkey
Categories Economy Finance General HIGHLIGHTS Macro Snapshot: Consumer Confidence Index Cem CetingucPosted on23 March, 2022 CCI increased by 1.9% to 72.5 in March (February: 71.2, -2.8% MoM). Despite there was … Continue ReadingMacro Snapshot: Consumer Confidence Index