Central Bank of Turkey (CBT) kept its 1-week policy rate unchanged at 7.5 percent again on Feb. 23
Sectoral confidence indices decreased in February 2016
Prime Minister Ahmet Davutoğlu announced an action plan on Feb. 22 to support Turkeys tourism sector, which has been negatively affected recently by tensions with Russia and security concerns.
Unemployment rate fell by 0.2 points to 10.5% in 4Q15
Export unit value index decreased by 10.9% y/y and overall import unit value index decreased by 17.1% y/y in December 2015
According to balance of payments report released by CBT, the curent account deficit fell to USD 32,192 million in 2015.
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