Turkish economy
- Turkiye
Micro enterprises increase their exports by 5 percent to $51.7 billion
While the number of microenterprises exporting in Türkiye increased by 31.95 percent last year compared to the previous year, their…
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Turkiye’s exports decline 1.8% in September, imports also fall
Foreign trade deficit remains stable at $5.1B Türkiye’s exports totaled $22 billion in September, marking a 1.8% decline year-on-year, the…
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Borsa Istanbul’s BIST 100 Index Starts the Week with a 0.3% Decline Amid Market Volatility
Borsa Istanbul’s BIST 100 index opens week down 0.3% Türkiye’s benchmark stock index dropped by 0.3%, or 29.79 points, to…
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Global Executives Discuss Turkiye’s Economic Reforms and Investment Prospects at Istanbul Council Meeting
Executives of large global companies from 13 countries met with top Turkish officials, including Recep Tayyip Erdoğan, in Istanbul on…
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Economists expect decline in Turkiye’s annual inflation in September
Turkish Statistical Institute to reveal inflation figures on Thursday, Oct 3. Türkiye’s annual inflation is expected to drop to 48.11%…
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American firms showing more interest in investing in Türkiye: Turkish trade minister
As rate cut cycles in US and Europe keep pace, Türkiye to gain tempo in exports, says Omer Bolat With…
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Turkiye promotes investment opportunities with Times Square ad
Türkiye’s Investment Office has launched a high-profile advertising campaign in New York City’s Times Square, coinciding with the 79th U.N.…
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Türkiye’s Consumer Confidence Index Rises 2.4% in September as Credit Card Payments Surge 83%
The consumer confidence index increased by 2.4 percent month-on-month in September, after inching up 0.6 percent in August. The index…
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Around 9,300 firms established in Türkiye last month
Over 5,000 firms established in Türkiye with foreign partners during Jan-Aug Some 9,272 firms were established in Türkiye during August,…
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Turkiye’s Central Bank Raises Interest Rates to 50%: A 4,150 Basis Point Hike Since June 2023
Since June 2023, the CBRT has lifted the interest rate from 8.5 percent to 50 percent, a 4,150 basis point…
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