Categories Economy General Macro Snapshot: Consumer Confidence Index, August 2021 Cem CetingucPosted on23 August, 2021 Consumer Confidence Index (CCI) decreased by 1.6% to 78.2 in August (July: 79.5). Despite there … Continue ReadingMacro Snapshot: Consumer Confidence Index, August 2021
Categories Economy Finance HIGHLIGHTS Strategist Tim Ash answers FAQ about Turkish economy & markets Atilla YeşiladaPosted on22 August, 2021 Question – the lira has outperformed other EM currencies in recent months, how do you … Continue ReadingStrategist Tim Ash answers FAQ about Turkish economy & markets
Categories Economy HIGHLIGHTS Turkey expects GDP growth in 2021 to soar to 7%…or is it 8% Atilla YeşiladaPosted on22 August, 2021 After posting 1.8% GDP growth amidst the pandemic, officials are upping 2022 growth estimates, while … Continue ReadingTurkey expects GDP growth in 2021 to soar to 7%…or is it 8%
Categories Economy General Is Turkish economy on the verge of a turning point? Cem CetingucPosted on18 August, 2021 Mustafa Kemal Ataturk liked to say “the villager is the master of the nation”. Two … Continue ReadingIs Turkish economy on the verge of a turning point?
Categories Economy HIGHLIGHTS Turkish Economy: The Good, the Bad and the Ugly Atilla YeşiladaPosted on16 August, 2021 Turkish Economy: The Good, the Bad and the Ugly Turkish economy is staging … Continue ReadingTurkish Economy: The Good, the Bad and the Ugly
Categories Economy Finance Macro Focus: IP, June 2021: IP figures indicate a strong growth in Q2 Cem CetingucPosted on15 August, 202115 August, 2021 In June, IP increased by 2.3% MoM and 23.9% on a YoY. According to the consensus, … Continue ReadingMacro Focus: IP, June 2021: IP figures indicate a strong growth in Q2
Categories Economy HIGHLIGHTS Inveo: Turkey’s current account deficit set to shrink through 2021 Atilla YeşiladaPosted on14 August, 202114 August, 2021 C/A deficit continues to trend down in June and is likely to do so going … Continue ReadingInveo: Turkey’s current account deficit set to shrink through 2021
Categories Business Company & Industry Economy Mevlut Çavuşoğlu on ASEAN Cem CetingucPosted on9 August, 20219 August, 2021 Asia, the cradle of some of the oldest civilizations, has again been gaining a pivotal … Continue ReadingMevlut Çavuşoğlu on ASEAN
Categories Economy General Macro Snapshot: CBRT Survey of Market Participants Cem CetingucPosted on6 August, 2021 MoM expectations were over the historical averages until October (2003-2019 Median – Aug.: +0.4% Sep.: … Continue ReadingMacro Snapshot: CBRT Survey of Market Participants
Categories Economy HIGHLIGHTS Turkey’s Economy: Tons of Potential but, in the Middle of a Recession? Atilla YeşiladaPosted on6 August, 2021 Turkey, officially known as the Republic of Turkey, is a country located between the … Continue ReadingTurkey’s Economy: Tons of Potential but, in the Middle of a Recession?
Categories Economy HIGHLIGHTS JP Morgan Turkey: Strong fiscal performance goes unnoticed Atilla YeşiladaPosted on2 August, 20212 August, 2021 A progressive structural reform program, a prudent monetary policy framework and an ambitious fiscal consolidation … Continue ReadingJP Morgan Turkey: Strong fiscal performance goes unnoticed
Categories Economy HIGHLIGHTS Holiday spending spells relief for the economy Atilla YeşiladaPosted on31 July, 2021 Turkey’s anemic economy received a shot in the arm thanks to a 9-day Eid al … Continue ReadingHoliday spending spells relief for the economy
Categories Economy General HIGHLIGHTS The people of Turkey don’t trust the government of Turkey Atilla YeşiladaPosted on27 July, 2021 OECD’s Government at a Glance 201 Report (published in June 2021) provides internationally comparable evidence … Continue ReadingThe people of Turkey don’t trust the government of Turkey
Categories Economy HIGHLIGHTS Politics Turkey facing news sanctions Atilla YeşiladaPosted on22 July, 2021 It never gets better between Turkey and the West. A Russian source telling the press … Continue ReadingTurkey facing news sanctions
Categories Economy HIGHLIGHTS Politics Turkey: Decline in the Rule of Law and Economy Atilla YeşiladaPosted on16 July, 2021 Five leading Turkish experts in politics and economy debate Turkey’s deepest problems: Institutional collapse, … Continue ReadingTurkey: Decline in the Rule of Law and Economy
Categories Economy HIGHLIGHTS A Uniquely Turkish Disease: High Chronic Inflation Atilla YeşiladaPosted on16 July, 2021 In June 2021, Turkish CPI rose to 17.5% YoY. Turkey is among the top … Continue ReadingA Uniquely Turkish Disease: High Chronic Inflation
Categories Business Economy HYPED Erdal Saglam: Unemployment data is no longer an indicator in Turkey Atilla YeşiladaPosted on14 July, 2021 The unemployment rate in May was 13.2 percent in Turkey. The data shows that the … Continue ReadingErdal Saglam: Unemployment data is no longer an indicator in Turkey
Categories Company & Industry Economy An Overview of the Turkish Economy in 2021 Cem CetingucPosted on13 July, 2021 Volkan Korkmazer The CBRT inflation target for the end of 2021 is approximately 12% and … Continue ReadingAn Overview of the Turkish Economy in 2021
Categories General JPMorgan | Turkey: inflation raises its voice once again Cem CetingucPosted on7 July, 2021 Yarkin Cebeci After two consecutive down side surprises over April and May, inflation surprised significantly … Continue ReadingJPMorgan | Turkey: inflation raises its voice once again
Categories Economy Inflation, May 2021: Weak demand dominated strong cost pressures Atilla YeşiladaPosted on4 June, 2021 Turkey’s CPI increased by 0.89% MoM in May driving YoY CPI from 17.14% to 16.59%. … Continue ReadingInflation, May 2021: Weak demand dominated strong cost pressures