Consumer prices go up by 0.65 % and annual inflation climbs to 11.20 percent in Sept 2017

Economists say Turkey could face difficult times in economy after June 24 elections

As reported by CBT (Central Bank of Turkey) annual inflation is above 10 percent currently which is something the administration would not be very happy about. In fact, it is also stated by the bank that current elevated levels of inflation and the developments on core inflation outlook continue to pose risks on the pricing behavior. Inflation Developments In More...

by BTT | Published 7 months ago
By BTT On Thursday, September 21st, 2017

A brief look at the “Turkish Tax System”

This short article is meant to provide a brief idea for those who might be interested in doing business in Turkey and would like to be in the picture about the TURKISH TAX SYSTEM IN GENERAL. For further and more More...

By BTT On Friday, August 4th, 2017

Report: A brief outlook of Turkish economy in June 2017

Fitch mentioned in its Global Economic Outlook report for June 2017 that it had raised growth expectations of Turkey for 2017 and 2018 from 2.3 and 1.3 percent to 4.7 and 4.1 percent respectively, taking into consideration More...

By BTT On Thursday, June 8th, 2017

Turkey enjoys strong increase in industrial production in April 2017

The calendar-adjusted industrial production, which was expected to increase by 4 percent in April, increased by 6.7 percent compared to the same month of the previous year. Industrial production was recorded above More...

By admin On Saturday, November 1st, 2014

Turkey’s foreign trade deficit falls by 8.4 percent in September

It was announced by TUIK of Turkey that the country’s foreign trade deficit had fallen by 8.4 percent to 6 billion 925 million dollars in September, from 7 billion 560 million dollars in the same month of More...

By admin On Saturday, November 1st, 2014

Central Bank Governor forecasts 2015 inflation to be 6,1 percent

As Turkey goes through serious political difficulties at its borders with Syria and Iraq and the economy is not comfortable, Turkey’s Central Bank has raised inflation forecasts for this year  and next, citing More...

By admin On Saturday, October 11th, 2014

Turkey’s industrial production falls by 1.4 percent

Turkey’s seasonally and calendar adjusted industrial production fell by 1.4 percent compared with the previous month, while annual industrial production rose by 5.2 percent on annual basis, according the data More...

By admin On Monday, October 6th, 2014

Turkey’s Consumer Price Index (CPI) rises by 0.14 percent in September

Turkey’s Consumer Price Index (CPI) rose by 0.14 percent in September, while 9-month increase stood at 6.43 percent and annual increase at 8.86 percent, according the Consumer Price Index September 2014 data, More...

By admin On Thursday, September 11th, 2014

Başçı: Turkey’s high inflation will start falling when high food prices stabilise

Central Bank of Turkey (CBOT) Governor Erdem Basci said, country’s high inflation would start falling when high food prices stabilise, fuelled by drought, which affected agricultural crop negatively. Basci More...

By admin On Monday, September 8th, 2014

Seasonal industrial production rises by 1.8 percent in July

Seasonally and calendar adjusted industrial production increased by 1.8 percent in July, compared with the previous month, while calendar adjusted industrial production rose by 3.6 percent compared with the same More...