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Industrial production declines in Turkey while inflation and current account balance data are announced
In Turkey, industrial production and manufacturing declined in August, while the September manufacturing PMI dropped to 47.9. The current account balance posted a surplus of $4.05 billion in August.
News
Economy
Sharp decline in silver prices: A warning signal for the global economy?
The fact that silver has lost more than 50 percent of its value from its peak this year has raised concerns in the markets about a global economic slowdown. Experts point out that this price movement may be linked to industrial production and economic growth expectations.
News
Economy
Industrial Production Contracted in Turkey and Oil Prices Fluctuated in Global Markets
While Turkey's industrial production declined in August, the CBRT Istanbul Economy Forum concluded. In global markets, developments originating from the Middle East and Russia impacted oil prices.
Energy
News
Economy
Early deindustrialization and risk of contraction in production in the Turkish economy
Factors such as high inflation, high interest rates, and an overvalued TRY have caused the manufacturing sector's share in national income and employment to decline, triggering the risk of early deindustrialization in the Turkish economy.
News
Economy
