Foreign Producer Price Index Figures Released

The Turkish Statistical Institute (TÜİK) has published the report on the Foreign Producer Price Index (YD-ÜFE) for October. In October 2024, YD-ÜFE showed an annu...

Title: Energy Consumption in Road Transport Reached a Total of 1,145,054 Terajoules in 2022

In road transportation, total energy consumption reached 1 million 145 thousand 54 terajoules. It was stated that: "In road transportation, total energy consumpti...

Agricultural Input Inflation Hits Lowest Level in 15 Months

The Turkish Statistical Institute (TÜİK) has released the agricultural input inflation data for the period of September 2024. The agricultural input price index (...

Oil Prices Surge Amid Ukraine Tensions and Increasing Demand in China

Oil prices moved upwards today amidst rising tensions from the Ukraine war and signs of recovery in China's crude oil imports. Brent crude oil futures rose by 0.1...

Crypto-Friendly Nominee for SEC from Trump

According to Coindesk, Trump's transition team is considering Teresa Goody Guillen, a partner at the law firm BakerHostetler, for the position of chair of the U.S...

Gloomy Outlook for the US Economy: Projections from JP Morgan and Morgan Stanley

JPMorgan (JPM) forecasts a slight slowdown in US economic growth, a limited increase in unemployment, and core PCE inflation remaining above 2% for 2025. The bank...

Interest Rate Uncertainty in the U.S., Barclays' Pound Forecast, and IMF's Commentary on South Korea: What's Happening in Global Markets?

Economic uncertainties and geopolitical developments are drawing attention worldwide. While discussions continue over interest rate cuts in the U.S., the British ...

Market Outlook: If Inflation in the UK Remains Above 2%, BoE May Be Less Eager to Cut Rates

Suren Thiru from the Institute of Chartered Accountants in England and Wales stated that a significant increase in inflation in the UK could lead to a more cautio...

Xiaomi's Q3 2024 Revenue Surges 30.5% Year-over-Year to 92.5 Billion RMB

Xiaomi has announced its revenue for the third quarter of 2024. The adjusted net profit reached 6.3 billion RMB, maintaining high levels from previous periods, wh...

Economists Predict Return to Parity Between Euro and US Dollar

Forex - The potential for a series of new tariffs under the Trump administration has led some economists to predict a return to the euro-US dollar parity. A weak ...

Agricultural Input Price Index Sees Monthly Rise of 1.77% and Annual Surge of 31.83%

Foreks - The Agricultural Input Price Index (Agri-IPI) increased by 1.77% monthly and 31.83% annually.

According to the statement made by the Turkish Statistica...

Annual Increase in Foreign Producer Price Index Reaches 30.70%

Foreks - In October 2024, the Domestic Producer Price Index (YD-ÜFE) showed an increase of 0.09% compared to the previous month, an increase of 23.45% compared to...

In October, 209,401 Vehicles Registered in Traffic

In October, 50.9% of the vehicles registered for traffic were motorcycles, 35.6% were cars, 8.2% were vans, 2.8% were tractors, 1.4% were trucks, 0.7% were minibu...

MARKET OVERVIEW - The Stock Market Kicked Off the Day with a Surge Exceeding Expectations

Forex - The BIST 100 index started the day with an increase of 39.85 points at 9272.75. According to the Forex News survey, the BIST 100 index was expected to sta...

The Renewal Deadline for Old Driver's Licenses Extended to July 31, 2025

The deadline for renewing old-type driver's licenses has been extended to July 31, 2025, following a statement by Interior Minister Ali Yerlikaya. This extension,...

ZÜCDER/Öksüz: Giftware Exports Surge by 200% During Discount Seasons

In November, the giftware export increased by 200% in the household goods sector, which becomes more active during special periods like year-end discounts and New...

Unemployment Rate in Turkey Continues to Decline

The seasonally adjusted unemployment rate was recorded at 8.7% in the third quarter of 2024. According to the results of the Household Labor Force Survey, the num...

Sahibindex: Rental Prices Continue to Decline

In the "sahibindex Rental and Sale Housing Market Outlook" report prepared in collaboration with Bahçeşehir University Economic and Societal Research Center (BETA...

Turkey's Service Production Remains Stable Year-On-Year, Increases Month-On-Month

The service production index data for September has been released by the Turkish Statistical Institute. The obtained data shows that on an annual basis, the index...

Turkish Airlines Revamps Its Travel Kit Concept

Turkish Airlines (IS:THYAO) continues to enhance its achievements with significant innovations while offering its guests a quality travel experience. The global b...

The Short-term Foreign Debt of Banks Approaches $80 Billion

According to data from the Central Bank of the Republic of Turkey (CBRT), by the end of September 2024, the short-term external debt stock of banks increased by 1...