3+ day, 4+ hour ago   (722+ words) Türkiye's commitment to price stability remains "very strong," Treasury and Finance Minister Mehmet Şimşek said, pledging that Ankara would maintain its economic program and deliver disinflation despite difficult global and geopolitical conditions. Speaking to international media, Şimşek evaluated economic goals…...

5+ day, 2+ hour ago   (437+ words) Demand conditions in key export markets for Turkish manufacturers have improved at their fastest pace since May 2024, supported by robust activity in the U.S. and ongoing recovery in the Middle East, a survey showed Tuesday. The Türkiye Manufacturing Export Climate Index,…...

5+ day, 2+ hour ago   (541+ words) Economic policymakers aim to continue implementing policies aimed at reducing the attractiveness of foreign-currency deposits, while increasing the share of Turkish lira and extending their maturities during the new Medium-Term Program (MTP) period. Turkish officials unveiled on Sunday the new…...

6+ day, 1+ hour ago   (487+ words) Türkiye aims to continue its disinflation process without interruption despite a higher-than-earlier-expected inflation projection in the near future due to the fallout from the Iran war, according to its updated economic blueprint. The 2027-2029 Medium-Term Program (MTP), unveiled Sunday, projects a…...

1+ week, 2+ hour ago   (1238+ words) Focusing on the disinflation process and ensuring price stability alongside sustainable growth remains the top priority, Vice President Cevdet Yılmaz said on Sunday while unveiling the new road map for the Turkish economy, covering the 2027-2029 period. "The main point is…...

1+ week, 6+ hour ago   (61+ words) Türkiye revised its growth forecast for 2026 to 3.3% from earlier 3.8%, expects inflation at 28.4%, Vice President Cevdet Yılmaz announced while presenting new 2027-2029 Medium-Ter... Türkiye outlines new 2027-2029 Medium-Term Program Türkiye revised its growth forecast for 2026 to 3.3% from earlier 3.8%, expects inflation at 28.4%, Vice President…...

1+ week, 5+ day ago   (346+ words) Türkiye's manufacturing activity rose to a three-month high in August, a survey showed Tuesday, signaling a modest improvement in business conditions even as the sector remained in contraction. The Istanbul Chamber of Industry (ISO) Türkiye Manufacturing Purchasing Managers' Index (PMI),…...

1+ week, 6+ day ago   (664+ words) Türkiye's economy expanded at a moderate pace in the second quarter despite a sharp slowdown in domestic demand amid tight monetary policy and the Iran war impact, official data showed Monday. Gross domestic product (GDP) grew 2.3% on an annual basis…...

1+ week, 6+ day ago   (232+ words) Türkiye's seasonally adjusted unemployment rate rose by 0.5 percentage points from the previous month to 8.1% in July, according to official data released Monday. The number of unemployed people aged 15 and over increased by 150,000 month-on-month to 2.86 million, the Turkish Statistical Institute (TurkStat)…...

2+ week, 1+ hour ago   (457+ words) Türkiye's steel industry maintained a positive momentum in production in July after a positive first half of the year, with output rising 7% on an annual basis, according to a report on Saturday. Crude steel production rose to 3.4 million tons in…...