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Mortgage Boom In The Making
2017-04-20 05:14
Construction sector has maintained a significant role for Turkish economy in recent years as house prices in mega cities have skyrocketed and government sponsored large projects have been un… Read More
Q4 2016 GDP Preview: Recovering But Subdued
2017-03-28 05:04
Q4 2016 GDP data will be posted this Friday, probably mark a recovery from Q3 when a negative figure was recorded as the consensus estimates signal a 1.9% annual change in GDP, corresponding… Read More
The Chart Speaks For Itself
2017-03-22 05:46
Depending on external finance has been the case for almost any emerging market, but in Turkey it is life-sustaining given the country’s external balance profile, which has always had a… Read More
Turkish Labor Market: The Lean Times
2017-03-20 05:05
Turkish statistics office released December 2016 jobs report which suggested that the unemployment rate at 12.7% hit a 7-year high as well as a seasonally adjusted figure at 12%. More import… Read More
Inflation Targeting: Now Officially Tenuous
2017-03-15 05:25
Inflation in Turkey has not necessarily been a special case, but is likely to be given its current levels. We previously noted that annual CPI growth will see a double-digit figure in months… Read More
February Inflation: Simply Backtracking
2017-03-06 05:34
Having lived up to all the hype, Turkey’s February headline inflation printed a double-digit figure. Moreover, further upside movement should be expected as core indicators, the negati… Read More
Time For A Macro Update
2017-02-13 05:52
It is time for an update after a hiatus of several weeks on the blog. In our previous two articles, we put emphasis on Q3 GDP growth which posted a bad reading as the economic output growth… Read More
Service Jobs: Structural Headwind?
2016-12-21 05:36
One of the key issues the world economy faces today is declining productivity. At this juncture, Turkey seems to be obliged to deal with a structural headwind stemming from its weakness labo… Read More
Q3 2016: Growth Turned Negative
2016-12-12 14:14
First, The Revision Turkey’s official statistics office released major revisions to its national accounts data as the data was rebased such that the components are weighted to compile… Read More
Public Banks: One More Leak To Plug
2016-12-12 05:52
To date we have posted two articles specifically focused on differentiates between public and private banks. As they have been in many developing economies ─particularly in India─……Read More

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