Economy

Economy Eurozone inflation eases to 1.9 pct in December

Eurozone inflation eases to 1.9 pct in December
Economy IMF upgrades Türkiye’s growth forecast for 2026 and 2027

IMF upgrades Türkiye’s growth forecast for 2026 and 2027
Short-term external debt at $164 billion, down 1.3 percent

Short-term external debt at $164 billion, down 1.3 percent

Türkiye’s short-term external debt stock stood at $163.7 billion at the end of November, marking a 1.3 percent decline from the previous month, the Central Bank reported on Jan. 19.
Quark.Models.Entities.Ancestor?.Title?.ToUpperInvariant() Türkiye’s first offshore wind tenders expected by end 2026

Türkiye’s first offshore wind tenders expected by end 2026
ECONOMY Residential property prices decline 1.4 percent annually in real terms

Residential property prices decline 1.4 percent annually in real terms

The Residential Property Price Index (RPPI) posted an annual increase of 29 percent in nominal terms but a 1.4 percent decrease in real terms in December 2025, according to data released by the Central Bank on Jan. 19.  
ECONOMY Size of entertainment industry expected to surpass $2 billion

Size of entertainment industry expected to surpass $2 billion

 Türkiye’s entertainment industry, encompassing manufacturers, operators and suppliers, currently generates an annual turnover exceeding $1.8 billion.
ECONOMY Europe’s auto industry can’t exclude Türkiye, says OSD head

Europe’s auto industry can’t exclude Türkiye, says OSD head

With the European Union preparing to redefine the “Made in EU” designation in the automotive sector, the head of Türkiye’s Automotive Manufacturers Association (OSD), Cengiz Eroldu, has stressed that Türkiye remains an integral part of Europe’s automotive supply chain.
South Korea, Italy agree to deepen AI, defense cooperation ECONOMY

South Korea, Italy agree to deepen AI, defense cooperation
Chinas 2025 economic growth among slowest in decades ECONOMY

China's 2025 economic growth among slowest in decades
Surging billionaire wealth a political threat, Oxfam warns ECONOMY

Surging billionaire wealth a political threat, Oxfam warns
Gold and silver prices hit records on fresh tariff fears ECONOMY

Gold and silver prices hit records on fresh tariff fears
Central Bank set to meet for interest rate decision this week ECONOMY

Central Bank set to meet for interest rate decision this week
Appetite for luxury cars, watches in Türkiye stay strong in 2025 ECONOMY

Appetite for luxury cars, watches in Türkiye stay strong in 2025
16 mega industrial zones to be established across Anatolia ECONOMY

16 mega industrial zones to be established across Anatolia

Industry and Technology Ministry Mehmet Fatih Kacır has announced the creation of 16 mega industrial zones across Anatolia as part of the first phase of the Industrial Areas Master Plan.

Turkish hazelnuts reach 122 markets in 2025 ECONOMY

Turkish hazelnuts reach 122 markets in 2025

Türkiye’s hazelnuts continued to dominate global demand in 2025, finding buyers in 122 countries as well as autonomous and free trade zones.

Rising prices in Türkiye drive real estate investors abroad ECONOMY

Rising prices in Türkiye drive real estate investors abroad

Soaring property prices in Türkiye have curbed foreign demand, while visa challenges and expectations of foreign currency-based rental income have prompted Turkish investors to look overseas.

Cuba producing only enough power for half its needs ECONOMY

Cuba producing only enough power for half its needs

Cuba generated only half of the electricity it needed in 2025, according to official statistics analyzed by AFP.

EU, Mercosur bloc ink major trade deal, reject tariffs and isolation ECONOMY

EU, Mercosur bloc ink major trade deal, reject 'tariffs' and 'isolation'

South American and European Union officials on Saturday signed a major trade deal, which they hailed as sending a powerful message at a time of tariff threats, global uncertainty and protectionism.

Transport, communication to take largest share in public investments ECONOMY

Transport, communication to take largest share in public investments

The 2026 Public Investment Program allocates a total of 1.92 trillion Turkish Liras across 13,887 projects, with the largest share directed to the transport and communications sector.  
2026 inflation expectations at 23.2 percent: Survey ECONOMY

2026 inflation expectations at 23.2 percent: Survey

Türkiye’s Central Bank reported in its latest Survey of Market Participants that year-end consumer inflation expectations for 2026 stand at 23.23 percent.  
Number of electric vehicles in Türkiye surpasses 370,000 in 2025 ECONOMY

Number of electric vehicles in Türkiye surpasses 370,000 in 2025

The number of registered electric vehicles (EVs) on Türkiye’s roads surged to 370,591 in 2025, up sharply from 183,776 a year earlier, according to data released by the Turkish Statistical Institute (TÜİK) on Jan. 16.
Finance Minister Şimşek concludes London investor meetings ECONOMY

Finance Minister Şimşek concludes London investor meetings

Treasury and Finance Minister Mehmet Şimşek has wrapped up a series of high-level investor meetings in London, where he engaged with more than 500 representatives from leading global institutional investment firms with combined assets exceeding $58 trillion.  
Sakarya Gas Field output to double in 2026: Energy minister ECONOMY

Sakarya Gas Field output to double in 2026: Energy minister

Production at the Black Sea’s Sakarya Gas Field will double in 2026, marking a pivotal year for the country’s energy transformation, Energy and Natural Resources Minister Alparslan Bayraktar said.
Venezuelan interim leader vows oil sector reform ECONOMY

Venezuelan interim leader vows oil sector reform

Venezuela's interim president on Jan. 15 announced pending legal reforms to the country's critical fossil fuel sector, as she seeks to recalibrate ties with Washington.
IMF chief visits Ukraine as Kiev awaits funding ECONOMY

IMF chief visits Ukraine as Kiev awaits funding

The IMF chief was in Ukraine for the first time since 2023 for high-level meetings, the fund said on Jan. 15, as Kiev awaits approval on key funding nearly four years since Russia's invasion.