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Turkey’s consumer confidence index drops 1.9 percent in December

Consumer confidence in the Turkish economy dropped 1.9 percent in December to 58.8 after increasing two months in a row, according to the Turkish Statistical Institute...

Turkey’s inflation falls to lowest level in nearly 3 years

Turkey’s headline inflation rate fell to 9.26 percent in September, the lowest level in nearly three years, according to the Turkish Statistics Institute (TurkStat). “We have made...

Turkey’s foreign trade deficit decreases 42.5 pct in June

The Turkish Statistical Institute (TurkStat) on Wednesday released the country’s provisional foreign trade statistics for June, which point to a 42.5 percent decrease in June 2019 compared...

Turkish Central Bank’s forex reserves shrink again, losing $1 billion

The Turkish Central Bank’s international net reserves suffered a further decrease of $1 billion last week, according to the T24 news website, falling to...

German arms sales to Turkey declined in 2018 over previous years

A statement by Germany’s Federal Ministry of Economy indicated a decreasing number of arms sales to Turkey in 2018, Deutsche Welle reported on Friday. Responding...

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