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Unemployment in Turkey remains at peak levels

The Turkish Statistical Institute (TurkStat) has released the February unemployment figures, which remained at the peak level of 14.7 percent recorded in January, the Evrensel daily reported...

Turkey’s consumer confidence surges by 3.4 percent, signaling recovery from currency crisis

Turkey’s consumer confidence index rose by 3.4 percent in April, reaching 84.7 points, the Turkish Statistical Institute (TurkStat) said on Monday, signaling a recovery from a...

Prominent economist claims Turkey’s real inflation much higher than statistical authority says

Steve Hanke, a professor of applied economics at John Hopkins University and former senior economist with a Reagan White House advisory council, has claimed that Turkey’s real...

Turkey’s consumer confidence index moves up in March

Turkey’s consumer confidence index has risen to 59.4 points in March, the Diken news website reported on Thursday, citing a release by the Turkish Statistical Institute (TurkStat). The index...

Unemployment in Turkey rose to 13.5 percent in December, says statistics institute

The Turkish Statistics Institute (TurkStat) announced on Friday that unemployment rose  by 3.1 percent in December year-on-year, reaching 13.5 percent countrywide. This percentage corresponds to...

Erdoğan says Turkey had ‘negative growth’ in response to economy’s contraction

Turkish President Recep Tayyip Erdoğan claimed on Tuesday that Turkey witnessed “negative growth” in the last quarter of the year as the economy contracted...

Several economists allege TurkStat manipulated exchange rates to inflate GDP

The Turkish Statistics Institute (TurkStat) has deliberately miscalculated forex figures to bloat the country’s gross domestic product (GDP), according to several Turkish economists, the...

Turkey’s economy contracts more than 3 pct, showing signs of recession

The Turkish economy contracted a sharper than expected 3.0 percent in the fourth quarter of 2018, its worst performance in nearly a decade and...

Vehicle registrations in Turkey down 43 percent

The number of newly registered vehicles in January dropped 43.4 percent year-on-year, the Diken news website reported on Friday, citing Turkish Statistics Institute (TurkStat)...

Housing sales in Turkey dropped by 24.8 percent in January: TurkStat

The Turkish Statistics Institute (TurkStat) has revealed that housing sales on a national scale declined by 24.8 percent in January over the same month...

Turkey’s unemployment rate rose to 12.3 pct in November: TurkStat

Turkey’s unemployment rate rose to 12.3 percent in November 2018, the country's statistics authority announced on Friday, the Hürriyet Daily News reported. “The number of...

Turkey’s annual inflation stood at 20.35 percent in January

Turkey’s annual inflation went up by 0.05 percent and stood at 20.35 percent in January, the Turkish Statistics Institute (TurkStat) said on Monday. According to...

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