Turkey’s exports increase by 5.4 percent to US$ 15 billion in April 2019

Turkey’s exports increase by 5.4 percent to US$ 15 billion in April 2019

Turkey which has many problems to work out to include economic ones in the first place has improved its export performance. The good news in regards was shared by President ERDOGAN in a speech he delivered at the Turkey’s Innovation Week INOVALIG Awards Ceremony organized at Istanbul Congress Center. Addressing guests at the event ERDOGAN said, “As More...

by BTT | Published 2 weeks ago
Central Bank of the Republic of Turkey (CBRT) announces inflation forecast
By BTT On Tuesday, April 30th, 2019
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Central Bank of the Republic of Turkey (CBRT) announces inflation forecast

Central Bank of the Republic of Turkey (CBRT) President Murat CETINKAYA has announced the inflation forecast. CBRT did not change year-end inflation forecast figures. However, food inflation forecast increased More...

Turkey’s current account deficit becomes US$ 718 million in February 2019
By BTT On Thursday, April 11th, 2019
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Turkey’s current account deficit becomes US$ 718 million in February 2019

Based on data provided by Central Bank the current account deficit of Turkey was US$ 718 million in February 2019. Economists were expecting a current account deficit of US$ 900 million in February. According to More...

Turkey’s TUIK announces unemployment figures for November 2018
By BTT On Wednesday, March 27th, 2019
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Turkey’s unemployment figure for 2018 becomes 11 percent

There is no doubt that Turkey has been going through a tough year in terms of economy since 2018. Fluctuations in Turkish lira as well as skyrocketing inflation have been major issues to worry the administration. More...

Turkey’s TUIK announces unemployment figures for November 2018
By BTT On Friday, March 15th, 2019
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Unemployment rate in Turkey increases by 3 points in December 2019

The unemployment rate in Turkey went up to 13.5 percent in December corresponding to an increase of 3.1 percent as compared to same month of previous year. During the same period, the number of unemployed persons More...

Turkey’s central government budget gives US$ 17 billion in February 2019
By BTT On Friday, March 15th, 2019
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Turkey’s central government budget gives US$ 17 billion deficit in February 2019

The Treasury and Finance Ministry has announced the budget implementation results for February 2019. Based on concerned report Turkey’s central government budget gave a deficit of TL 11.7 billion in January-February More...

Central Bank of the Republic of Turkey (CBRT) announces inflation forecast
By BTT On Friday, March 15th, 2019
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Based on Central Bank report Turkey’s short term debt amounts to US$ 177 billion

Based on the report issued by Central Bank, Turkey’s short-term external debt stock calculated using the external debt data (due in 1 year or less ignoring its original maturity) was USD 177.3 billion in More...

By BTT On Wednesday, March 13th, 2019
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Turkey’s Statistical Institute (TSI) announces 2.6 percent growth for 2018

Turkey Statistical Institute (TSI) has announced growth figures for 2018.  Based on the report shared by TSI Turkey’s growth for 2018 did not manage to exceed 2.6 percent which was not a favorable performance More...

Turkish Statistical Institute announces annual inflation as 19.67 percent
By BTT On Monday, March 4th, 2019
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Turkish Statistical Institute announces annual inflation as 19.67 percent

Inflation figures circulated by Turkey Statistical Institute (TSI) for February 2019 were not very pleasing for the administration. TSI announced that the economy had incurred an inflation of 19.67 percent year-on-year. More...

Turkey’s TUIK announces unemployment figures for November 2018
By BTT On Friday, February 15th, 2019
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Turkey’s TUIK announces unemployment figures for November 2018

Turkey’s administration has received bad news regarding unemployment in the country. Despite the efforts and optimistic statements made by the government the figures announced by TUIK were not pleasing for More...