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Monday, November 11, 2019

Turkey: September inflation rate hits 3-year low

ANKARA Turkey just posted the lowest inflation rate it has seen in the last three years, the treasury and finance minister said Monday. "The steps we have taken to fight inflation...

Turkey: Inflation slips to 8.55% in October

ISTANBUL  Turkey saw an annual hike of 8.55% in consumer prices in October, official figures showed on Monday. The annual inflation went down 0.71 percentage points in October, down from 9.26%...

Turkey's automotive exports reach $25.4B in 10 months

ISTANBUL  Turkey's automotive industry exports reached $25.4 billion in the first 10 months of this year, according to an exporters association. The country's exports were around $2.5 billion per month on...

Turkish exports hit $16.34B in October

DENIZLI, Turkey  Turkey’s exports amounted to $16.336 billion in October according to the general trade system, the country’s trade minister said on Saturday. The exports totaled $148.84 billion in 2019, rising...

Fitch revises Turkey's outlook from negative to stable

BERLIN  Credit ratings agency Fitch revised Turkey's outlook from "negative" to "stable" on Friday and affirmed its “BB-“ rating. The agency also revised up its GDP forecast for 2019 by 0.8...

Economists expect fall in Turkey's October inflation

ISTANBUL Annual inflation rate in Turkey is projected to drop to 8.41% in October, according to an Anadolu Agency survey on Friday. Turkey's annual inflation rate in September was 9.26%, dropping...

Turkey forecasts foreign debt payment of $11.3B in 2020

ANKARA  The Treasury and Finance Ministry is forecasting 65.1 billion Turkish Liras ($11.3 billion) in external debt payments in 2020. The total amount of debt service is estimated at 352.1 billion...

Turkey’s manufacturing PMI at 49 points in October

ANKARA  Turkey’s Purchasing Managers’ Index (PMI) for the manufacturing sector stood at 49 points in October, according to a monthly business survey released Friday. The Istanbul Chamber of Industry report, done...

'Turkey set to close out 2019 in positive territory'

MALATYA, Turkey Turkey will close out 2019 with positive growth figures, the country’s treasury and finance minister said on Thursday. Turkey will continue to support industry and the real sector, and...

Foreign visits to Turkey climb in January-September

ANKARA Turkey attracted 36.4 million foreign visitors in the first nine months of 2019, marking a 14.5% rise, the Culture and Tourism Ministry announced Thursday. The Mediterranean resort city of Antalya...

Latest article

Germany to take back Daesh/ISIS suspects from Turkey

BERLIN Germany will take back several Daesh/ISIS suspects, along with their wives and children, who were captured by Turkish authorities, officials confirmed on Monday. Speaking at...

'YPG/PKK keeps violating safe zone in northern Syria'

ANKARA YPG/PKK terrorists have continued to violate the area of Turkey's anti-terrorist operation launched last month, and carry out dozens of terror attacks, the National...

Morales: Bolivian patriots, world reject coup

ANKARA Bolivia's Indigenous leader Evo Morales Monday said the Bolivian patriots and the international community are rejecting the coup taking place in the Latin American...

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