Tag archive for ‘Inflation’
Economist says Turkey needs extensive reform in food to stay on inflation targets
By Editor On Saturday, January 27th, 2018
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Economist says Turkey needs extensive reform in food to stay on inflation targets

Cemil Ertem, Chief Economist of the President – BusinessTurkeyToday.com Cemil Ertem, the President’s chief economist has stated that the main reasons for inflation will be on the agenda in the coming More...

Turkey’s Central Bank targets to pull down inflation to single-digit figures
By Editor On Thursday, January 25th, 2018
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Turkey’s Central Bank targets to pull down inflation to single-digit figures

Murat Cetinkaya (President Central Bank) – BusinessTurkeyToday.com Murat CETINKAYA, the President of the Central Bank (CBT) has said the bank will persist in its tight monetary policy stance until a clear More...

Financial Markets: US Dollar/Turkish Lira rate tests 3.82 level
By Editor On Monday, January 15th, 2018
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Some experts expect US Dollar to become 4 Turkish Liras by end first quarter 2018

US Dollar Turkish Lira Exchange Rates – BusinessTurkeyToday.com Some financial experts making predictions for Turkey and the emerging markets have shared their views about finance markets for the current year. More...

A brief note about poultry and ruminant markets in Turkey in 2017
By Editor On Saturday, January 13th, 2018
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A brief note about poultry and ruminant markets in Turkey in 2017

Turkish Poultry Sector faced challenges in 2017 – BusinessTurkeyToday.com Despite the record breaking growth in economy in 2017 it is difficult to say the poultry and ruminant sectors had a fruitful last year More...

Experts predict Turkish automotive market to face the pressure of exchange rates in 2018
By Editor On Sunday, December 17th, 2017
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Experts predict Turkish automotive market to face the pressure of exchange rates in 2018

Tofaş Automotive Factory in Bursa Turkey Looking at the data from the first 11 months of 2017, the sector will close the current year with a sales figure of 950-975 thousand vehicles. However experts think there More...

Turkey’s President Erdoğan says high interest rate is the reason for inflation
By Editor On Tuesday, December 12th, 2017
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Turkey’s President Erdoğan says high interest rate is the reason for inflation

President Erdoğan made a speech at the Presidential Palace in Ankara on December 11th, delivering important messages. Erdoğan also talked about economy and exchange rates as well as inflation issue. He said: More...

Consumer prices go up by 0.65 % and annual inflation climbs to 11.20 percent in Sept 2017
By Editor On Monday, November 13th, 2017
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Consumer prices go up by 0.65 % and annual inflation climbs to 11.20 percent in Sept 2017

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 More...

Fed convenes to make decisions
By Editor On Monday, September 18th, 2017
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Markets focus on FED meeting this week and decisions to follow

Global markets focus on the decisions to be made at the weekly meeting of the Federal Reserve’s Open Market Committee (FOMC). It is forecasted that the statements to be made by Fed Chairperson Janet Yellen More...

Important data regarding economy and financial markets to be released this week
By Editor On Monday, September 11th, 2017
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Important data regarding economy and financial markets to be released this week

Experts say the economy which recorded a growth of 5 percent in the last quarter is expected to grow by 5.3 percent in this quarter.  The domestic growth for the second quarter will be announced by the authority, More...

By Editor On Friday, August 4th, 2017
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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...

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