Tag archive for ‘Central Bank’
By Editor On Wednesday, January 27th, 2016

Turkish Central Bank increases inflation forecast rate to 7.5 for 2016

Mr. Erdem Başçı (Central Bank Governor) announced yesterday that the bank had decided to to increase inflation forecast rate for 2016 from 6.5 to 7.5 percent. This way  Central Bank didn’t revise target at 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 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, October 22nd, 2012

Report: Economic Indicators of Turkey – October 2012

Down below are the economic indicators of Turkey, reported as of October 2012. This data is compiled from various sources such as reputable banks – and originally from figures announced by TURKSTAT (Turkish More...

Important data regarding economy and financial markets to be released this week
By admin On Tuesday, September 11th, 2012

Turkey: Economy grows slower than expected in 2nd quarter

Turkey’s economy grew slower than expected in the second quarter and a deeper slowdown is expected during the rest of the year as domestic demand weakens, raising pressure on the central bank to cut borrowing More...

By admin On Saturday, September 8th, 2012

Report: Brief Look at Turkish Economy – August 2012

We believe the data below would be useful to provide a brief opinion for those who would like to have a quick look at what has been happening in the Turkish economy, recently. Further details can be obtained from More...

By admin On Sunday, July 29th, 2012

Central Bank of Turkey forecasts 6.2 percent year-end inflation

Central Bank Gov Erdem Başçı says that consumer inflation may take a downward path after it rose in June. The bank forecasts 6.2 percent year-end inflation. AA photoThe Turkish Central Bank has revised down its More...

By admin On Friday, May 4th, 2012

Turkey’s annual inflation rises to 11.14 percent in April

Turkish official inflation rises to 11.1% in April Turkey’s annual inflation rose to 11.14 percent in April after holding steady at 10.43 percent for two months, the national statistics office said Thursday. ANKARA- More...

By admin On Saturday, March 10th, 2012

Expectation for Turkey’s year-end consumer prices index drops to 7.20 percent in March 2012

Turkey’s year-end CPI expectation down to 7.20 percent The expectation for Turkey’s year-end Consumer Prices Index (CPI) dropped to 7.20 percent, according to the first term survey of expectations in More...

By admin On Friday, February 3rd, 2012

Turkish Central Bank updates yearend inflation as 6.5 percent

The Turkish Central Bank yesterday updated its yearend inflation forecast for 2012 to approximately 6.5 percent from a previous prediction of 5.2 percent. “We predict that the inflation, with a 70 percent probability, More...