The BIST 100 index in Borsa Istanbul started the week with a 0.10% increase, opening at 9,962 points. The stock market began the week on a positive note. At the opening, the BIST 100 index rose by 10.41 points and 0.10% to reach 9,962.07 points compared to the previous closing. The banking index gained 0.06%, […]
The export climate index rose to 51.2 in January, marking the 13th consecutive month of improvement. Istanbul Chamber of Industry (ISO) Turkey Manufacturing Sector Export Climate Index increased to 51.2 in January, showing sustained improvement for the past 13 months. The results for the ISO Turkey Manufacturing Sector Export Climate Index, which measures the business […]
Following the fall of the Baath regime, trade in new and used vehicles to Syria via transit from many European countries, primarily South Korea, gained momentum. In 2012, the total number of shipments was around 40-50 thousand, but in the last month of the provisional government’s office, this figure exceeded 150 thousand. The trade of […]
Minister of Treasury and Finance Mehmet Şimşek stated that the economy continues to produce and create employment, saying, “The Turkish economy is much stronger in terms of macro financial stability.” Minister Şimşek evaluated unemployment and industrial production data. In a post on X account, Minister Şimşek used the following expressions: “Despite the weak trend in […]
The balance in deposit interest rates is starting to change. Expectations of interest rates falling have made low balance accounts more valuable. Following the interest rate cut by the Central Bank, a downward trend continued in deposits. Expectations of interest rates falling have made low balances more valuable. Banks have started to offer higher interest […]
In Turkey, the unemployment rate decreased by 0.1 points in December, reaching 8.5%. The Turkish Statistical Institute announced the unemployment figures for December. Accordingly, the number of unemployed individuals aged 15 and over decreased by 39 thousand compared to the previous month, falling to 3 million 26 thousand. The unemployment rate also decreased by 0.1 […]
Industrial production increased by 5% on a monthly basis in December. This marks the fastest growth in production since March 2023. The Turkish Statistical Institute released the industrial production data for December. Monthly growth in industrial production rose by 5%, marking the fastest increase in industrial production since March 2023. Industrial production increased by 7% […]
Residences where patients living at home with electric devices due to health issues will be exempt from the new tariff that came into effect on February 1st. Subscribers with device-dependent patients at home due to health issues will not be affected by the regulation if they present a valid health report to the electricity distribution […]
The Hatay Provincial Directorate of Agriculture and Forestry is continuously working to ensure human and environmental safety. Recently, 55 tons of lemons prepared for export were found to have excessive levels of a chemical substance called “pesticide” in a sample taken by the teams. In order to safeguard security, the tons of lemons were safely […]
The Central Bank made a post titled “Data-driven Monetary Tightening” on its social media account. The post stated that a tight monetary policy stance is being firmly maintained, with inflation expected to decrease to 24 percent. The Central Bank informed through a post on its social media account titled “Data-driven Monetary Tightening” that the firm […]
