Economic Outlook
- Turkiye
Turkiye’s sectoral confidence mixed in November
Confidence in retail trade and construction sectors rises, while services confidence declines, official figures show Türkiye’s sectoral confidence was mixed…
Read More » - Turkiye
Turkiye’s Central Bank Projects 44% Inflation This Year, Aiming for Stabilization by 2026
Year-end inflation rate projected at 44% this year, 21% next year, and 12% in 2026 Türkiye’s Central Bank on Friday…
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Turkiye’s Consumer Confidence Index Rises by 3% in October, Despite Slight Decline in Household Financial Situation
In October, 3 sub-indexes post gains while financial situation of household index at present sees slight decline Türkiye’s consumer confidence…
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Turkiye’s manufacturing activity shows modest improvement in August
PMI data indicates easing contraction, hopes for export recovery Türkiye’s manufacturing sector showed a slight improvement in August, with the…
Read More » - Markets
Key Events That Shaped Last Week’s Economic Landscape in Turkiye
From the CBRT’s rate decision to Powell’s policy hints, discover the major developments that influenced markets at home and abroad.…
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Economic confidence in Turkiye tapers off in June
Index drops 2.5% from month earlier, official data shows Economic morale in Türkiye tapered off further in June compared to…
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Fitch raises Turkiye’s 2024 economic growth forecast
International credit rating agency Fitch Ratings has revised its growth forecast for the Turkish economy, raising it from 2.8 percent…
Read More » - UAE
Abu Dhabi raises $5 billion with first treasury bonds since 2021
Issuance is spread across three maturity periods five, 10 and 30 years Abu Dhabi sold its first bond since 2021,…
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Turkish consumer confidence index up in April
All sub-indices post hikes except for indices of financial situation of household at present, assessment on spending money on durable…
Read More » - UAE
UAE and GCC Banks’ Turkish Subsidiaries to Reap Benefits from Macroeconomic Shift
Due to strong growth prospects, Fitch upgraded 18 Turkish banks in March The UAE and other Gulf banks with Turkish…
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