Inflation and Industry Assessment from ISO President Erdal Bahçıvan
Istanbul Chamber of Industry President Erdal Bahçıvan stated in his speech at the September ordinary meeting that inflation continues to be a primary macro vulnerability.
Speaking at the September ordinary meeting of the Istanbul Chamber of Industry Assembly, ISO Chairman of the Board Erdal Bahçıvan stated that inflation continues to be the most important macro vulnerability of the Turkish economy.
Main Agenda of the Meeting
The September ordinary meeting of the Istanbul Chamber of Industry Assembly was held at the Odakule Fazıl Zobu Assembly Hall. The meeting was categorized under the headings of the world, region, Turkey, and production life.
Global Economic Stress Test
Erdal Bahçıvan emphasized that as the final quarter of the year is entered, the Middle East War, the Russia-Ukraine War, deepening supply problems, and tightening financial conditions are putting the world economy through a stress test.
Growth and Industrial Sector
Stating that growth is expected to realize slightly above 3 percent in 2026, Bahçıvan pointed out that the industrial sector is decoupling negatively from the general economy.
Term of Office and Farewell
Reminding that they will complete their term of office at the end of October, Bahçıvan stated that they have worked for four years to improve the competitiveness of industry and defend production.