Budget negotiations and CBRT messages are in focus for markets in November
Throughout November, budget negotiations in the Turkish Grand National Assembly (TBMM), the final Inflation Report of the year to be announced by CBRT Governor Fatih Karahan, and TÜİK data will form the main agenda of the markets.
Markets in November will focus on the budget marathon in the Grand National Assembly of Turkey, the messages to be delivered by the Central Bank, and critical economic data to be released.
Intensive work will be carried out in November at the TBMM Plan and Budget Committee regarding the 2027 Central Government Budget Law Proposal. Budget negotiations for ministries and institutions will be completed on November 27, after which the proposal will be referred to the TBMM General Assembly.
Trade Minister Ömer Bolat will announce the October foreign trade data in Istanbul on November 3. Central Bank Governor Fatih Karahan will share the final Inflation Report of the year on November 12, while the bank's second Financial Stability Report will be published on November 27.
The Turkish Statistical Institute (TÜİK) will announce various statistics throughout the month. October inflation data will be released on November 3, the September industrial production index on November 10, and housing, workplace, agricultural producer, and residential property price indices on November 17. Additionally, the Central Bank will announce balance of payments data on November 13, the Ministry of Treasury and Finance will share budget results, and the minimum wage process will be monitored in November.
Sources
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