2026 dubbed ‘most critical’ year for Türkiye’s economic blueprint
Next year will be the “most critical” one when it comes to the Turkish government’s medium-term economic program,…
Türkiye extends streak of single‑digit unemployment to 2.5 years
The unemployment rate in Türkiye slipped 0.1 percentage points month-over-month to 8.5% in October, official data showed on…
Türkiye’s real sector confidence climbs to 8-month high in November
Türkiye’s real sector confidence index rose to its highest level since March, supported by stronger expectations for production,…
Türkiye considers updating taxes in line with inflation targets: Şimşek
The Turkish government is considering updating tax values by taking into account the inflation targets, a top economy…
Türkiye’s trade gap widens to 3-month high as imports outpace exports
Türkiye’s foreign trade deficit rose to the highest in three months in September, as imports grew faster than…
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…
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 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 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 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…