Retail sales volume increases by 1.3 percent in July 2018 over the previous month.

Retail sales volume increases by 1.3 percent in July 2018 over the previous month.

Based on data circulated by Turkey’s Statistical Institute (TSI) the retail sales volume index increased by 1.3 percent in July 2018 over the previous month. This is according to seasonally and calendar adjusted retail prices. In said month, food, beverages and tobacco sales increased by 1.3 percent, non-food (excluding automotive fuel) and automotive More...

by BTT | Published 15 hours ago
Turkey’s current account deficit drops in August thanks to foreign trade performance
By BTT On Saturday, October 13th, 2018
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Turkey’s current account deficit drops in August thanks to foreign trade performance

Turkey’s current account deficit fell in August and the last 12 months with the main contribution coming from foreign trade figures. While exports increased in many product groups, imports decreased. Based More...

Treasury and Finance Minister deliveres promising messages regarding economy
By BTT On Tuesday, October 9th, 2018
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Treasury and Finance Minister introduces program for “Fight against Inflation”

The decisions taken by the government within the scope of “Total Fight Program with the Inflation” were shared by the public. “Program for the Total Fight against Inflation” was explained by More...

Turkey informs WTO it will apply quota for steel imports to protect its steel industry
By BTT On Tuesday, October 9th, 2018
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Turkey informs WTO it will apply quota for steel imports to protect its steel industry

Turkey is reported to have informed the World Trade Organization (WTO) that it will start applying import quota as of October 17, to protect its steel industry against increase in imports. (Photo: TAT METAL factory More...

Minister Albayrak wants Turkish business world to participate in fight against inflation
By BTT On Monday, October 8th, 2018
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Minister Albayrak wants Turkish business world to participate in fight against inflation

It is reported that Berat ALBAYRAK, Minister of Treasury and Finance is to call on Turkish business world, to contribute to fight against inflation by pulling down prices by minimum10 percent. Treasury and Finance More...

Turkey enjoys increase in number of tourists with 27 million in first 8 months
By BTT On Monday, October 1st, 2018
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Turkey enjoys increase in number of tourists with 27 million in first 8 months

Turkey which has been breaking records in tourism for a while is reported to have hosted 27 million 23 thousand 134 foreign visitors in first 8 months of the current year corresponding to a huge increase of 22.92 More...

Turkey’s energy companies focus on investments in solar plants
By BTT On Monday, October 1st, 2018
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Turkey’s energy companies focus on investments in solar plants

Solar energy has been drawing more attention from Turkish companies operating in the energy sector. Concerned investments are coming one after the other in the sector. A most recent investment of 3 solar plants More...

Minister of Agriculture: “Turkey targets to become the leading country in agriculture”
By BTT On Sunday, September 30th, 2018
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Minister of Agriculture: “Turkey targets to become the leading country in agriculture”

Mr. PAKDEMIRLİ, Minister of Agriculture and Forestry has made a statement saying “Without doubt, agriculture will be the brightest sector of the future. The country that can feed the world will become the More...

S & P and Moody's lower Turkey's credit rating note on same day
By BTT On Thursday, September 27th, 2018
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Moody’s lowers rating for nine Turkish banks to B2

  Moody’s, the international credit rating agency, has announced that it has reduced “long-term foreign currency denominated deposits” rating for Turkey’s nine banks from B1 to B2. Moody’s More...

Minister Albayrak wants Turkish business world to participate in fight against inflation
By BTT On Wednesday, September 26th, 2018
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Turkey’s Treasury & Finance Minister paints a promising picture of Turkish economy

Despite many arguments Turkey’s economy has been going through a troublesome period, Treasury Minister ALBAYRAK has made explanations on the contrary emphasizing Turkey did not have any problems regarding the More...