Şimşek says recent price data don’t alter disinflation perception
Türkiye’s disinflation process remains on track despite recent price data, Treasury and Finance Minister Mehmet Şimşek said on…
Turkish capacity utilization, real sector confidence up in October
The capacity utilization rate for the Turkish manufacturing industry ticked up to 74% in October, according to a…
Top officials review Türkiye’s financial stability, food price trends
Türkiye convened key committees on Monday to review the latest macroeconomic developments, assess their impact on the financial…
Turkish industrialists set new January-September export record
Türkiye’s industrial sector has achieved its highest-ever first-nine-month exports, totaling $143.2 billion, according to official data. The momentum…
Turkish central bank cuts key rate to 39.5%, flags inflation risk
The Turkish central bank cut its benchmark, one-week repo rate by 100 basis points to 39.5% on Thursday,…
Türkiye boosts R&D spending by $6.5 billion in 2024
Türkiye boosted its gross domestic expenditure on research and development (R&D) by TL 274.28 billion (around $6.5 billion)…
Turkish central bank seen slowing rate cut pace amid inflation caution
The Turkish central bank is all but sure to slow the pace of its interest rate cuts when…
Türkiye’s current account logs record $5.5 billion surplus in August
Türkiye’s current account balance beat estimates as it registered its highest monthly surplus on record in August, official…
Türkiye sees foreign direct investment jump 58% in 8 months
Türkiye received $10.6 billion in foreign direct investment (FDI) in the first eight months of the year, marking…
Türkiye’s industrial production growth rebounds in August
Türkiye’s industrial output growth accelerated in August after easing in the previous month, according to the official data…
World Bank lifts Türkiye’s 2025-2027 growth forecasts
Economic growth in Türkiye is expected to firm this year, the World Bank said in its latest regional…
Türkiye’s unemployment rate ticks up to 8.5% in August
Türkiye’s unemployment rate rose to 8.5% in August, up 0.4 percentage points compared to the previous month, the…