Kategori: Economy

The Central Bank of the Republic of Turkey has released the results of its August Market Participants Survey, conducted with 68 participants from the real and financial sectors, as well as professionals. According to the survey, the year-end increase expectation in the Consumer Price Index (CPI) rose from 29.21% to 29.43%. The survey also showed…

US President Donald Trump has signed an executive order imposing tariffs on imported drones and their components, ranging from 25% to 100%. The move, aimed at protecting national security and promoting domestic production, is set to take effect on September 3. The tariffs will apply to foreign-made drones and components, with the highest rates applied…

The fluctuation in oil prices has led to an increase in fuel prices. The price of gasoline has increased by an average of 1 lira 5 kuruş per liter, while the price of diesel has increased by 8 lira 89 kuruş. The increased prices have been reflected at the pumps as of today. With the…

The Sea of Oman is experiencing one of the largest environmental disasters in recent years. An oil spill from the Caroline Bezengi tanker, which ran aground off the coast of Oman, has spread across hundreds of square kilometers. The ecological disaster caused by the tanker, which was carrying 800,000 barrels of crude oil, has reached…

A new fuel price hike expectation has emerged. An increase in both gasoline and diesel prices is expected starting from Friday, August 14th. According to information obtained from the sector, a price increase of 1.52 TL per liter for gasoline and 8.89 TL per liter for diesel is planned. The new prices are expected to…

One of the significant steps taken to combat inflation is the introduction of a staggered application for the Special Consumption Tax (ÖTV) on diesel fuel. This regulation has resulted in a 9 lira decrease in the liter price of diesel fuel until the end of August. The tax regulation on the fuel market has officially…

The list of the top 100 taxpayers in Turkey has been announced. Baykar Chairman of the Board Selçuk Bayraktar and Baykar General Manager Haluk Bayraktar have been the top taxpayers in Turkey for 5 consecutive years from 2021 to 2025. In the 2025 tax period, Selçuk Bayraktar declared 2 billion 991 million 536 thousand lira,…

Central Bank President Fatih Karahan announced the third inflation report of 2026. Based on the outlook I have summarized so far, we have revised our year-end inflation forecast to 28 percent upwards. President Karahan's statements were eagerly awaited by the economic community. The Central Bank's inflation forecast has been updated for the year-end. Based on…

The total number of houses sold in Turkey in July decreased by 17% compared to the same month of the previous year, to 123,603. According to the data announced by the Turkish Statistical Institute (TÜİK), the number of first-hand housing sales in July decreased by 8.6% compared to the same month of the previous year,…

The Personal Data Protection Board (KVKK) has extended the deadline for compliance with the regulation on the use of loyalty card members' phone numbers or card numbers by third parties. The compliance period, which was set to expire on August 28, has been extended to February 28, 2027. The Board's decision was published in the…