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Economic Update | Turkey’s pipeline balancing act

28 Nov 2013
As Turkey looks to diversify its sources of natural gas, one option that is coming closer to reality is a deal with the Kurdistan Regional Government to build an oil and gas pipeline from northern...

Economic Update | Deceleration in Turkish retail sector

10 Nov 2013
Mixed signals are coming out of the Turkish retail sector, with sales volume making strong gains while at the same time consumer and business sentiment cooling. Incoming data point to growing...

Economic Update | Turkey takes steps to cut reliance on credit cards

30 Oct 2013
The banking regulator in Turkey has moved to stem a rising tide of consumer borrowing, announcing new limits on credit card debt and additional risk management requirements for lenders.

Economic Update | Turkey’s construction sector cooling

10 Oct 2013
Long one of the driving forces of Turkey’s economy, the construction industry appears to be slowing down, with questions surrounding project financing and interest rate hikes dampening the sector’s...

Economic Update | Turkey’s lira weakens, trade deficit grows

4 Sep 2013
The weakening of the lira could herald further problems for the cooling Turkish economy, with growth forecasts being scaled back and an expanding trade deficit taxing government efforts to keep...

Economic Update | Turkey’s tourism arrivals up 5% in June

16 Aug 2013
The tourism industry in Turkey is still trying to assess the medium-term cost of a wave of anti-government protests at the end of May and through June, but recent figures suggest at least some...