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...

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...

Minister Albayrak wants Turkish business world to participate in fight against inflation
By BTT On Thursday, September 20th, 2018
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Turkey’s Finance Minister announces new economic program for next 3 years

Mr. Berat Albayrak, Turkey’s Treasury Finance Minister   Berat ALBAYRAK, Turkey’s Treasury and Finance Minister announced the New Economy Program sharing new economic indicators targeted by the administration. More...

TUIK report says Turkey’s Gross Domestic Product increases by 7.4 percent in 2017
By BTT On Thursday, September 13th, 2018
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TUIK report says Turkey’s Gross Domestic Product increases by 7.4 percent in 2017

Turkish Economy Industry – BusinessTurkeyToday.com   Based on report by TUIK (Turkey’s Statistical Institute) the annual gross domestic product (GDP) which is calculated according to the production More...

Turnover index for shopping malls increases by 22.4 percent in July 2018
By BTT On Tuesday, September 11th, 2018
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Turnover index for shopping malls increases by 22.4 percent in July 2018

Shopping Mall Turkey (Zorlu Center)   Despite the impression and some official statistics that things may not be going very well in Turkey’s economy the retail sector does not seem to be doing too badly, More...