Turkey News News Turkey » Economy: Turkish economy grows 2.3% yr-on-yr in Q2, below forecast
ANKARA, Aug 31 (Reuters) - Turkey's economy expanded 2.3% year-on-year in the second quarter, official data showed on Monday, less than forecast, with growth slowing for the fourth consecutive quarter ...
News Turkey » Economy: Turkey plans 229% defense spending boost over three years to advance domestic military tech
The plan was announced during a presentation of Turkey’s new Medium-Term Program (MTP), which sets out the country’s economic roadmap for 2027-2029.
News Turkey » Economy: Turkey’s economy is making a surprising comeback - while Russia’s war boom is starting to overheat
Turkey’s economy has stabilized enough to return $5 billion previously borrowed from Saudi Arabia, helped by sharply higher interest rates and renewed foreign investment. But inflation remains ...
News Turkey » Economy: Turkey lifts year-end inflation forecast to 28.4%
Vice-president Cevdet Yilmaz says the war in the Middle East played a key role in the upward revision of the inflation outlook.
News Turkey » Economy: Turkey Targets 5% Economic Growth by 2029
Turkey has unveiled its new medium-term economic program, setting ambitious targets for economic growth, inflation, unemployment and the budget deficit through 2029. Vice President Cevdet Yilmaz ...
News Turkey » Economy: Turkey's GDP growth weakest since 2020
Turkey's economic growth slowed to a six-year low in the second quarter, data from the Turkish Statistical Institute showed on Monday. Gross domestic product (GDP) expanded 2.
News Turkey » Economy: Turkey’s Economy Tumbles Into Recession as Central Bank Tightening Takes Effect
Turkey’s economy sank into a recession over the summer, with economic activity squeezed by high interest rates as the country’s central bank sought to tame inflation. Gross domestic product shrank by ...
News Turkey » Economy: Turkey's Economy Grows 3.6% in 2025, Just Below Forecasts
ISTANBUL, March 2 (Reuters) - The Turkish economy expanded 3.4% year-on-year in the fourth quarter, bringing full-year growth to 3.6%, official data showed on Monday, with both levels being just ...