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Turkish inflation hits two-decade high, inches toward 50% (Feb. 3, 2022, Al Monitor)

• 7 Şubat 2022
• English, Makale

Turkey’s consumer prices rose 11.1% in January, bringing annual inflation to 48.7%, the highest rate in two decades, data released Thursday by the Turkish Statistical Institute (TUIK) show. January’s inflation…Read more →

Turkey’s central bank continues window dressing with currency swaps(Jan.26, 2022, Al Monitor)

• 28 Ocak 2022
• English, Makale

Creating and managing perceptions seems to have become a high priority for the government of President Recep Tayyip Erdogan, as it struggles to ease Turkey’s economic turmoil and reverse its…Read more →

Turkish inflation hits highest level under Erdogan rule (Al Monitor, Jan 3, 2022)

• 4 Ocak 2022
• English, Makale

Turkey’s consumer inflation surged by a staggering 13.6 percent in December, bringing the 2021 annual rate to 36 percent — the highest under the 19-year rule of President Recep Tayyip Erdogan’s…Read more →

Turks keep holding on to dollars as mistrust in Erdogan lingers (Al Monitor, Dec.28, 2021)

• 30 Aralık 2021
• English, Makale

The jury is still out on Ankara’s scheme to encourage a return to the Turkish lira as hard-currency depositors are sticking to their assets despite a state-backed market intervention that…Read more →

Bread prices ring alarm bells in Turkey ‘Al Monitor, Dec. 22, 2021)

• 30 Aralık 2021
• English, Makale

Long lines of people waiting to buy cheap bread in the winter cold have become a common sight across Turkey in recent weeks as the price of the most indispensable…Read more →

Turkish lira sinks further with Erdogan’s latest rate cut( Al Monitor, Dec. 22, 2021)

• 30 Aralık 2021
• English, Makale

Turkey’s Central Bank lowered its policy rate by 100 basis points to 14% Thursday, delivering a fourth cut in as many months in line with President Recep Tayyip Erdogan’s unconventional…Read more →

Turkish opposition leader barred from data center as mistrust in data grows (Al Monitor, December 6, 2021)

• 30 Aralık 2021
• English, Makale

Growing mistrust in Turkey’s official inflation data fueled political tensions last week as the main opposition leader was barred from entering the building of the Turkish Statistical Institute (TUIK), the…Read more →

Turkey’s economy grows in third quarter, but so do risks (Al Monitor, Nov 30,2021)

• 1 Aralık 2021
• English, Makale

Turkey’s gross domestic product grew an annual 7.4% in the third quarter boosted by exports and demand, official data released Tuesday show. The overall growth rate this year is now…Read more →

Erdogan’s credibility plunges along with lira ( Al Monitor, Nov. 24, 2021)

• 1 Aralık 2021
• English, Makale

Turkish President Recep Tayyip Erdogan is facing a sharp decline in confidence in his economic management amid the chaotic economic climate he has created by pushing for lower interest rates…Read more →

Interest payments top education, healthcare in Ankara’s 2022 budget (Al Monitor,Nov.3,2021)

• 13 Kasım 2021
• English, Makale

The COVID-19 pandemic has changed many people's view of government budgets, with the focus shifting from deficits to cushioning the fallout of the pandemic. Amid rising public needs for healthcare…Read more →

Is Ankara capitulating to or allowing lira’s depreciation?(Al Monitor,October 21, 2021)

• 3 Kasım 2021
• English, Makale

Turkey’s central bank cut its policy rate by a staggering 200 basis points Thursday, sending the embattled Turkish lira to a new all-time low and raising the specter of deeper…Read more →

Turkish sovereign wealth fund reportedly considering stake in Turk Telekom (October 4, Al Monitor)

• 3 Kasım 2021
• English, Makale

Turkey’s telecommunication giant Turk Telekom — sold off for $6.55 billion in 2005 in what was Ankara’s largest-ever privatization — appears back on its way to government control via a sovereign…Read more →

Bowing to Erdogan’s pressure, Turkish Central Bank makes risky rate cut (September 23, Al Monitor)

• 3 Kasım 2021
• English, Makale

Heeding President Recep Tayyip Erdogan’s politically driven pressure for lower interest rates, Turkey’s Central Bank cut its policy rate by 100 basis points to 18% Thursday despite high inflation and…Read more →

Is Turkey’s export-driven growth sustainable?(Al Monitor, September 10, 2021)

• 19 Eylül 2021
• English, Makale

A big uptick in exports was a major driver of the Turkish economy’s 21.7% growth rate in the second quarter, but how much Turkey could sustain the trend is open…Read more →

Turkey’s record growth rate belies murky economic prospects (Al Monitor, September 1, 2021)

• 19 Eylül 2021
• English, Makale

The Turkish economy grew 21.7% in the second quarter from the same period last year, the Turkish Statistical Institute announced Wednesday, in what was hailed as the highest growth rate…Read more →