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)…
Türkiye’s auto production up 3.1%, exports rise 5.6% in 9 months
Türkiye’s automotive production was broadly flat in September, while total output in the first nine months of the…
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…
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…
Turkish manufacturing activity eases further in September
Türkiye’s manufacturing activity moderated further in September as new orders and output shrank at faster rates, a top…
Türkiye’s gross reserves estimated to have hit new record of $183B
The Turkish central bank’s gross total reserves are estimated to have risen by $4 billion to a record…
Türkiye’s trade deficit narrows by nearly 16% in ‘bright’ August
Türkiye’s foreign trade deficit narrowed by almost 16% in August, official data showed on Tuesday, as a decline…
Türkiye’s annual inflation seen slowing to 32.5% in September
The annual inflation rate in Türkiye is seen slowing down slightly to 32.5% in September, according to two…
Türkiye expects 2.4% drop in energy bill in 2025 on rising output
Türkiye’s energy import bill is projected to decline by 2.4% year-over-year by the end of 2025, according to…
Türkiye maps path to single-digit inflation, trend growth recovery
Türkiye’s government on Monday presented its closely watched new three-year economic road map that officials say aims to…
Türkiye to announce new 3-year economic blueprint on Monday
Türkiye is set to unveil its new medium-term program (MTP) on Monday, outlining the country’s economic road map…