Economic trends

Turkiye
14/04/2024
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Turkiye: Shopping center investments losing momentum
Shopping center investments in Türkiye have lost momentum with only seven applications filed with authorities to build new malls in…
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Business
29/02/2024
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Turkish economy grows 4.5% in 2023
Country’s GDP totals $1.12T in 2023 The Turkish economy grew by 4.5% in 2023, the Turkish Statistical Institute announced on…
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Business
21/02/2024
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OECD area GDP growth slows to 1.6% in 2023
In 4th quarter last year, GDP in OECD area rises 0.4% compared to previous quarter The GDP in the Organization…
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Business
20/02/2024
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Turkiye’s external assets at $326.9B as of end-2023
Gap between assets, liabilities abroad falls from end-2022 to minus $285.2B, official data shows Türkiye’s external assets totaled $326.9 billion…
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Business
01/02/2024
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Turkish manufacturing sector’s PMI improves in January
Health of manufacturing sector ease in 7 consecutive months, S&P Global says The Purchasing Managers Index (PMI) of the Turkish…
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Business
20/01/2024
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Turkiye: 128,500 Companies Established in 2023
Figure includes 12,241 foreign-partnered companies, according to Union of Chambers and Commodity Exchanges Türkiye saw 128,528 company establishments in 2023,…
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Business
18/01/2024
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Turkiye: Labor shortage drives wages up in construction sector
Costs in the construction sector have been on the rise last year, but higher labor costs were particularly striking, the…
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Business
13/12/2023
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Turkiye’s retail sales back to growth in October
Volume of retail sales rises 2% month-on-month in October, ending 2-month losing streak, official data shows Türkiye’s retail sales returned…
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Business
13/11/2023
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Turkiye’s retail sales down 0.7% in September
Monthly decline led by lower sales for non-food except automotive fuel, TurkStat data shows Türkiye’s retail sales volume dropped 0.7%…
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Business
08/11/2023
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China’s exports extend slump in October
Beijing has sought to boost business activity in a country grappling with a major property crisis and weaker consumption since…
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