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, 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
Categories Business Economy General HIGHLIGHTS As Turkey’s economy reels, speculative traders and well-off insiders see opportunity to profit Cem CetingucPosted on23 March, 2022 As most of the Turkish public saw their savings and purchasing power melt away, 40-year-old … Continue ReadingAs Turkey’s economy reels, speculative traders and well-off insiders see opportunity to profit
Categories Economy General HIGHLIGHTS Politics 70 percent of AKP voters think Turkey’s economy is got worse Cem CetingucPosted on23 March, 2022 A new survey by the Aksoy Research company has found that an overwhelming majority of … Continue Reading70 percent of AKP voters think Turkey’s economy is got worse
Categories Economy HIGHLIGHTS Dr Murat Ucer: Turkish Inflation and the Five Stages of Grief Atilla YeşiladaPosted on16 March, 2022 One of the unwelcome consequences of the stronger than expected post-Covid recovery of the global … Continue ReadingDr Murat Ucer: Turkish Inflation and the Five Stages of Grief
Categories Economy Finance General HIGHLIGHTS Y.F. Macro Focus: CBRT’s advance dividend and reserve funds supported budget Cem CetingucPosted on15 March, 2022 In February, budget gave a surplus of TRY69.7bn (Feb.21: TRY-23.2bn, Jan.22: TRY+30bn). Despite, there was no … Continue ReadingY.F. Macro Focus: CBRT’s advance dividend and reserve funds supported budget
Categories Economy HIGHLIGHTS Treasury reports surplus in February, but how? Atilla YeşiladaPosted on15 March, 2022 Turkey’s government reported a budget surplus for a second consecutive month in February after the … Continue ReadingTreasury reports surplus in February, but how?
Categories Economy HIGHLIGHTS Current account deficit on the rise in Turkey Atilla YeşiladaPosted on12 March, 2022 January balance of payments data published by Central Bank of Turkey suggests that rising energy … Continue ReadingCurrent account deficit on the rise in Turkey
Categories Economy HIGHLIGHTS Reuters: Fallout of Ukraine war exposes Turkey’s vulnerable economy Atilla YeşiladaPosted on11 March, 2022 Turkey is paying the price of Erdogan’s “heterodox” economic policies, concludes this article by Reuters. … Continue ReadingReuters: Fallout of Ukraine war exposes Turkey’s vulnerable economy
