Categories Business Economy HIGHLIGHTS July industrial production soft, further weakening expected Atilla YeşiladaPosted on11 September, 2023 “According to Industrial Production Index, seasonally and calendar adjusted production contracted by 0.4% monthly in … Continue ReadingJuly industrial production soft, further weakening expected
Categories Finance HIGHLIGHTS Fitch statement on Turkey’s sovereign rating Atilla YeşiladaPosted on9 September, 2023 Significant Policy Shift The revision of the Outlook to Stable reflects the return to a … Continue ReadingFitch statement on Turkey’s sovereign rating
Categories Economy HIGHLIGHTS Tim Ash: Turkey – are the economic problems just too big? Atilla YeşiladaPosted on8 September, 2023 It was encouraging this week to hear President Erdogan argue that tight monetary policy would … Continue ReadingTim Ash: Turkey – are the economic problems just too big?
Categories Business Economy HYPED Analysis: Medium Term Program – Government aims to bring down inflation without sacrificing growth Atilla YeşiladaPosted on7 September, 2023 The government aims to bring down inflation without sacrificing growth. The government released the new … Continue ReadingAnalysis: Medium Term Program – Government aims to bring down inflation without sacrificing growth
Categories Atilla Yeşilada Economy HIGHLIGHTS Turkey’s Medium Term Economic Program: Mostly wishful thinking, but….. Atilla YeşiladaPosted on7 September, 2023 Ankara jacked up its inflation forecasts and cut those of economic growth on Wednesday, as … Continue ReadingTurkey’s Medium Term Economic Program: Mostly wishful thinking, but…..
Categories Atilla Yeşilada Economy HIGHLIGHTS Politics Where is Turkey heading under Erdoğan’s rule? Atilla YeşiladaPosted on5 September, 2023 Middle East Analitika – by Dr. Miad Nakhavali Season 2 – Episode 8: special guest: Dr. … Continue ReadingWhere is Turkey heading under Erdoğan’s rule?
Categories Atilla Yeşilada Economy HIGHLIGHTS ANALYSIS: The world shocked by Central Bank rate hike Atilla YeşiladaPosted on25 August, 2023 Central Bank of Turkey’s outsized rate hike shocked experts and market participants at home and … Continue ReadingANALYSIS: The world shocked by Central Bank rate hike
Categories Economy Finance General Monetary policy: Experimenting with dual interest rates Atilla YeşiladaPosted on24 August, 2023 We expect the CBRT interest rate hike to be around 200 basis points. The recent … Continue ReadingMonetary policy: Experimenting with dual interest rates
Categories Economy Finance HIGHLIGHTS Will the Central Bank be able to catch up with the market? Atilla YeşiladaPosted on22 August, 2023 Expectations are for 250 basis points increase Economists participating in the expectations survey of AA … Continue ReadingWill the Central Bank be able to catch up with the market?
Categories Atilla Yeşilada Economy HIGHLIGHTS ANALYSIS: Unruly inflation expectations complicate CBRT governor Erkan’s job Atilla YeşiladaPosted on21 August, 2023 Led by Gaye Erkan, Turkey’s Monetary Policy Council is meeting on 24 August Thursday to … Continue ReadingANALYSIS: Unruly inflation expectations complicate CBRT governor Erkan’s job
Categories Economy HIGHLIGHTS Hande Firat: Economy as a cup half full and half empty Atilla YeşiladaPosted on15 August, 2023 Editor’s Note: Hande Firat is very close to Erdogan and is one of the few … Continue ReadingHande Firat: Economy as a cup half full and half empty
Categories Economy HYPED Turkey’s External Deficit, Inflation Need To Be Tackled….ASAP Atilla YeşiladaPosted on14 August, 2023 Türkiye’s chronic current account deficit is one of the most challenging issues that the government’s … Continue ReadingTurkey’s External Deficit, Inflation Need To Be Tackled….ASAP
Categories Economy HIGHLIGHTS Current account deficits projected to decline in autumn Atilla YeşiladaPosted on14 August, 2023 Improvement in C/A balance in June… In June, there was a C/A surplus of USD674 … Continue ReadingCurrent account deficits projected to decline in autumn
Categories HYPED Politics Tim Ash: Can Mehmet Simsek succeed? Atilla YeşiladaPosted on11 August, 2023 It’s fair I think to ask why it is different this time with Simsek, and … Continue ReadingTim Ash: Can Mehmet Simsek succeed?
Categories Business General HIGHLIGHTS Mehmet Simsek interview with Islamist Yeni Safak daily Atilla YeşiladaPosted on11 August, 2023 Mehmet Şimşek, Minister of Treasury and Finance, said that the winds blowing against Turkey will … Continue ReadingMehmet Simsek interview with Islamist Yeni Safak daily
Categories Atilla Yeşilada Economy HIGHLIGHTS Turkey’s external deficit threatens TL meltdown Atilla YeşiladaPosted on10 August, 2023 Turkey’s external deficit threatens TL meltdown • Thanks to the new economy team of Cevdet … Continue ReadingTurkey’s external deficit threatens TL meltdown
Categories General HYPED Finance Minister Şimşek claimed to ask Turkstat to reveal ‘real’ inflation figures Atilla YeşiladaPosted on6 August, 2023 Turkish Finance Minister Mehmet Şimşek called government-run Turkish Statistical Institute (TÜİK) head Erhan Çetinkaya and … Continue ReadingFinance Minister Şimşek claimed to ask Turkstat to reveal ‘real’ inflation figures
Categories Economy Güldem Atabay HIGHLIGHTS Guldem Atabay commentary: Base effect in inflation is over, tax hikes and depreciation signal a new leg up Atilla YeşiladaPosted on3 August, 2023 The highly anticipated July CPI inflation was reported at 9.49% according to TUIK; and 13.2% … Continue ReadingGuldem Atabay commentary: Base effect in inflation is over, tax hikes and depreciation signal a new leg up
Categories Economy General HIGHLIGHTS Wage hikes instantly eroded by inflation, as poverty set to increase Atilla YeşiladaPosted on31 July, 2023 Turkey’s poverty threshold for a family of four rose to 37,974 liras in July, data … Continue ReadingWage hikes instantly eroded by inflation, as poverty set to increase
Categories Economy HIGHLIGHTS Gaye Erkan’s first Inflation Report : Correct diagnosis, but no real remedy for inflation Atilla YeşiladaPosted on28 July, 2023 Erkan, the first female governor of the bank, said inflation will rise “in the short … Continue ReadingGaye Erkan’s first Inflation Report : Correct diagnosis, but no real remedy for inflation