Developments in the Turkish Economy and Legislative Regulations on the Grand National Assembly of Turkey (TBMM) Agenda
A bill prepared for liquidated funds has been submitted to Parliament, while inflation declined in September, though housing and education costs increased.
While the legislative regulation prepared for the investment funds whose liquidation was decided by the Capital Markets Board (SPK) has been submitted to the TBMM, annual inflation recorded a decline in September according to TurkStat (TÜİK) data; however, increases in energy, education, and rent expenditures drew attention.
Bill for Fund Victims
A 9-article bill prepared for investors in 131 investment funds whose liquidation was decided by the Capital Markets Board has been submitted to the TBMM. It was stated that full payments will be made to investors whose net investment amount is below 1 million TL.
Inflation and Cost Increases
According to TurkStat data, annual consumer inflation declined to 29.73 percent in September. In contrast, the annual increase in energy was 46.11 percent, while rent increased by 41.34 percent and education expenditures by 48.62 percent.
Industrial Production and Fuel
According to data released by TurkStat, industrial production dropped by 1.9 percent on an annual basis and by 1.0 percent on a monthly basis. On the other hand, a price hike is expected for diesel, while a price cut is expected for gasoline in fuel prices.
Global Markets and Reports
In the latest report published by UNCTAD, a warning was issued that global economic growth will decline to 2.6 percent in 2026 due to developments in the Middle East.