Deloitte report says 233 mergers and acquisitions took place in Turkey in 2019

Deloitte Turkey has released its report for mergers and acquisitions in Turkey, in 2019. Accordingly, 233 mergers and acquisitions took place last year, while trading volume was $ 5.3 billion, shrinking 56 percent compared to 2018. Deloitte Turkey released its “mergers and acquisitions report for 2019”, revealing the overall outlook for mergers More...

by BTT | Published 1 week ago
By BTT On Tuesday, January 7th, 2020
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Turkey breaks new record in exports in 2019 with US$ 180.5 billion

Despite the decline in global trade growth, Turkey was among the countries that increased its exports the most. Trade Minister Ruhsar PEKCAN made a statement saying “Despite all the difficulties, Turkey has reached More...

Inflation in Turkey increases by 0.99 in March 2018 to exceed expectations
By BTT On Friday, January 3rd, 2020
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Officials announce Turkey’s annual inflation for 2019 as 11.84 percent

Annual inflation in Turkey was recorded at 11.84 percent in 2019. At a time when the cost of living has skyrocketed and salaries almost run out in the middle of the month after paying rent and bills, this figure More...

Central Bank’s September Survey shows year-end inflation expectation at 13.96
By BTT On Saturday, November 2nd, 2019
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Central Bank report says energy prices to affect October inflation in Turkey

Based on the Central Bank’s Price Developments Report for September, it was noted that the decline in inflation was mainly due to the core goods and food sub-items. Stating that energy prices would affect More...

Central Bank’s September Survey shows year-end inflation expectation at 13.96
By BTT On Monday, September 9th, 2019
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Central Bank’s September Survey shows year-end inflation expectation at 13.96

Year-end CPI (Consumer Price Index) expectation was found 13.96 in the September survey made by Central Bank. This corresponded to a decrease of 46 points as compared to earlier expectations. On the other hand More...

Turkey’s central government budget posts a surplus in July 2019
By BTT On Saturday, August 17th, 2019
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Turkey’s central government budget posts a surplus in July 2019

Amidst several economic problems the country has been coping with a surplus of TL 9.9 million was recorded in Turkey’s central government budget for July 2019 whereas there was a deficit of TL 68.7 billion for More...

By BTT On Saturday, August 3rd, 2019
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Turkey revises its plans for 2023 with new official development targets

After experiencing real tough times in terms of politics and economy for a long while Turkey has revised its plans for 2023 with updated official development targets. Within this scope Turkey’s official target More...

Turkish economy fragile against factors that create pressure on TL against dollar
By BTT On Monday, May 20th, 2019
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Turkish economy fragile against factors that create pressure on TL against dollar

Turkish economy has long been suffering from fluctuations in TL/dollar rate causing high inflation in the first place and increasing foreign debts. The steps taken by the government have not been a cure either More...

Turkey’s exports increase by 5.4 percent to US$ 15 billion in April 2019
By BTT On Friday, May 3rd, 2019
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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 More...

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...