GDP increased by 4% at constant prices in 2015

GDP increased by 4% at constant prices in 2015

GDP increased by 4% in 2015 and reached 131.3 billion TRY at constant prices increased by 11.7% and reached 1953.6 billion TRY at current prices

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Confidence in services and retail trade sectors increased in March 2016

Confidence in services and retail trade sectors increased in March 2016

Services and retail trade confidence indices increased by 4.8% and 4.1% respectively while construction confidence index decreased by 1.7% in March 2016

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Consumer confidence index increased by 0.5% in March 2016

Consumer confidence index increased by 0.5% in March 2016

The consumer confidence index increased by 0.5% m/m to 67 in March 2016

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Robert Reich: Brink of a recession

Robert Reich: Brink of a recession

Famed economist Robert Reich stated that the U.S. and the rest of the world are on the brink of a recession, or, even worse, deflation

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Unemployment rate fell to 10.8% in December 2015

Unemployment rate fell to 10.8% in December 2015

Unemployment rate realized as 10.8% with 0.1 percentage point decrease while non-agricultural unemployment rate fell by 0.2 percentage point to 12.7% in December 2015

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Agriculture PPI decreased by 3.11% in February

Agriculture PPI decreased by 3.11% in February

Agriculture PPI decreased by 3.11% m/m and increased by 5.53% y/y in February 2016

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Automotive exports increased by 5% y/y in Jan-Feb 2016

Automotive exports increased by 5% y/y in Jan-Feb 2016

Total and automobile production increased by 3% and 4% y/y respectively in Jan-Feb 2016 according to the Automotive Manufacturers Association

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Current account deficit recorded USD 2,227 million in January 2016

Current account deficit recorded USD 2,227 million in January 2016

The current account deficit recorded USD 2,227 million in Jan. 2016 bringing the 12-month rolling deficit to USD 31,889 million

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Industrial production increased by 1.0% m/m in Jan. 2016

Industrial production increased by 1.0% m/m in Jan. 2016

Seasonally and calendar adjusted industrial production increased by 1.0% compared with the previous month

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Domestic producer price index (D-PPI) decreased by 0.20% in Feb. 2016

Domestic producer price index (D-PPI) decreased by 0.20% in Feb. 2016

Domestic producer price index (D-PPI) decreased by 0.20% m/m to 4.47% y/y in February 2016

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Consumer price index (CPI) decreased by 0.02% in Feb. 2016

Consumer price index (CPI) decreased by 0.02% in Feb. 2016

Consumer price index (CPI) fell to 8.78% y/y in February 2016

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Moody’s expects Turkey’s GDP to grow 3.4% in 2016 in real terms

Moody’s expects Turkey’s GDP to grow 3.4% in 2016 in real terms

Alpona Banerji said that Turkey’s economic growth outlook is still stronger than that of the largest developing economies

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Record year for renewables

Record year for renewables

Global investments in clean energy hit 367 billion Dollar last year, beating expectations, according to a new report from Clean Energy Canada.

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Turkish manufacturing loses steam in February

Turkish manufacturing loses steam in February

Turkey Manufacturing PMI fell to 50.3 in February

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Exports decreased by 22% and imports decreased by 19.7% in Jan. 2016

Exports decreased by 22% and imports decreased by 19.7% in Jan. 2016

According to the provisional data, in January 2016; exports were 9.60 billion dollars with a 22% decrease and imports were 13.36 billion dollars with a 19.7% decrease compared with January 2015

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Morgan Stanley recommends Turkish consumer sector

Morgan Stanley recommends Turkish consumer sector

Morgan Stanley prefers consumer sector due to Turkey's high inflation outlook coupled with the minimum wage increase and lower tourism revenues

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Deputy Şimşek signals support to improve the competitiveness of the exporter

Deputy Şimşek signals support to improve the competitiveness of the exporter

Deputy Prime Minister Şimşek has signaled for additional financial support to Turkish exporters in a meeting of the Exporters’ Assembly of Turkey on Feb. 23

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