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Turkey sees rise in registered vehicles

ANKARA The number of motor vehicles registered in Turkey was up 16% in September compared to same month last year, reaching over 52,456, the country's statistics authority said on Tuesday. The...

Turkey's hazelnut exports hit record high in 2 months

GIRESUN, Turkey Turkish hazelnut exports hit a record high level this September-October, the head of the Black Sea Hazelnut and Products Exporters' Association announced. Turkey earned revenues of $641 million in...

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...

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Turkish president, UN chief discuss ways to end crisis caused by Russia-Ukraine war

ANKARA The Turkish president and UN secretary-general on Monday spoke over phone and discussed initiatives aimed at resolving the ongoing crisis caused by the Russia-Ukraine...

Anadolu Agency's Morning Briefing – June 21, 2022

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Russia becomes China’s largest oil supplier

ANKARA Russia has surpassed Saudi Arabia to become China's largest oil supplier, as refiners bought up Russian crude oil offered at a huge discount...

EU, Egypt agree on partnership priorities until 2027

BRUSSELS The EU and Egypt have agreed on the partnership priorities guiding their relationship until 2027. The Association Council of the European Union and Egypt...

Syria's Tal Rifat surrounded with tunnels by YPG/PKK terrorists

TAL RIFAT, Syria / ANKARA The YPG/PKK terror group is using a sophisticated network of tunnels in the Tal Rifat district in northern Syria to...