Turkey News, Economy & Financial Markets

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MacroVar analyzes in real-time economic, financial and geopolitical developments for Turkey's economy and financial markets by monitoring financial, economic data and real-time news. To help you forecast and analyze economic and financial developments, our team provides you with free explanation of the theory and structure of our models and access to financial and economic data.

Turkey Markets Overview

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Overview presents a real-time snapshot of financial and economic developments in Turkey. The Turkish stock market, bonds, currency and credit market dynamics are analyzed along with Turkey macroeconomic dynamics.


Symbol Price 1D% M
BIST 100 (XU100) 8955.12 0.3  
Turkish Lira US Dollar (TRY/USD) 32.41 0  
Turkey 10-Year Bond Yield 25.45 0.2  
Turkey 2-year bond yield 44.11 -0.1  
manufacturing pmi 47.2 -2  
Symbol Price 1D% M
USDTRY Implied Volatility 15.24 -7  
BIST 100 (XU100) 8955.12 0.3  
iShares MSCI Turkey ETF 35.43 0.7  
Turkish Lira US Dollar (TRY/USD) 32.41 0  
Turkey 10-Year Bond Yield 25.45 0.2  
Turkey 2-year bond yield 44.11 -0.1  
Turkey Yield Curve -18.66 -0.4  
Turkish Lira 1M FX 8.5 0  
Turkey 5-Year Bond Yield 0 0  
Turkey 2s5s 0 0  
Symbol Price 1D% M
building permits 67299 -3  
business confidence 99.1 -1  
car registrations 182301 -1  
consumer confidence 77.4 3  
gdp growth annual 5.9 51  
housing index 1129.6 4  
industrial production 0.2 -85  
inflation cpi 64.77 5  
manufacturing pmi 47.2 -2  
new home sales 30472 4  
retail sales annual 13.39 -5  
unemployment rate 9 5  
Construction - Confidence -8.8 -20  
Consumer - Confidence -24.7 -3  
Manufacturing - Confidence -1.3 225  
Retail - Confidence 15.2 -7  
Services - Confidence 18.1 -11  
ESI - Economic Composite 97.7 -3  

Real-time Global markets >>

Turkey Economic Sectors

 
Economic sectors analyzes in detail the dynamics of the Turkish economy by economic sector and subsector based on data obtained from Eurostat.  Explore MacroVar macroeconomic calculations.

Upgrade your account to get access to Turkey's detailed economic sector analysis by subsectors and industries.


Sector Last Previous Trend Momentum 1-Year History M/M Q/Q Y/Y Subsectors Details
General Economic Conditions 92.7 94.1 blank blank blank -1 1 -3 blank
Subsector Last Previous Trend Momentum 1 Year M/M Q/Q Y/Y
Description
The economic sentiment indicator (ESI) is a composite indicator produced by the Directorate General for Economic and Financial Affairs (DG ECFIN) of the European Commission. Its objective is to track GDP growth at Member states, EU and euro area levels. The ESI is a weighted average of the balances of replies to selected questions addressed to firms in five sectors covered by the EU Business and Consumer Surveys and to consumers. The sectors covered are industry (weight 40 %), services (30 %), consumers (20 %), retail (5 %) and construction (5 %). Balances are constructed as the difference between the percentages of respondents giving positive and negative replies. EU and euro-area aggregates are calculated on the basis of the national results and seasonally adjusted. The ESI is scaled to a long-term mean of 100 and a standard deviation of 10. Thus, values above 100 indicate above-average economic sentiment and vice versa. Data are seasonally adjusted (SA). Further details on the construction of the ESI can be found in the user guide of the Joint Harmonised EU Programme of Business and Consumer Surveys.
Manufacturing sector -1.3 -0.4 blank blank blank 225 0 -58 blank blank
Subsector Last Previous Trend Momentum 1 Year M/M Q/Q Y/Y
Manufacturing of food products - Composite Get Premium Access to Subsector Analytics
Manufacturing of beverages - Composite Get Premium Access to Subsector Analytics
Manufacturing of tobacco products - Composite Get Premium Access to Subsector Analytics
Manufacturing of textiles - Composite Get Premium Access to Subsector Analytics
Manufacturing of wearing apparel - Composite Get Premium Access to Subsector Analytics
Manufacturing of leather and related products - Composite Get Premium Access to Subsector Analytics
Manufacturing of wood products (except furniture) - Composite Get Premium Access to Subsector Analytics
Manufacturing of paper and paper products - Composite Get Premium Access to Subsector Analytics
Printing and recorded media - Composite Get Premium Access to Subsector Analytics
Manufacturing of coal and petroleum products - Composite Get Premium Access to Subsector Analytics
Manufacturing of chemicals and chemical products - Composite Get Premium Access to Subsector Analytics
Manufacturing of pharmaceutical products - Composite Get Premium Access to Subsector Analytics
Manufacturing of rubber and plastic products - Composite Get Premium Access to Subsector Analytics
Manufacturing of other non-metallic mineral products - Composite Get Premium Access to Subsector Analytics
Manufacturing of basic metals - Composite Get Premium Access to Subsector Analytics
Manufacturing of fabricated metal products - Composite Get Premium Access to Subsector Analytics
Manufacturing of computer, electronic and optical products - Composite Get Premium Access to Subsector Analytics
Manufacturing of electrical equipment - Composite Get Premium Access to Subsector Analytics
Manufacturing of machinery and equipment - Composite Get Premium Access to Subsector Analytics
Manufacturing of motor vehicles, trailers - Composite Get Premium Access to Subsector Analytics
Manufacturing of other transport equipment - Composite Get Premium Access to Subsector Analytics
Manufacturing of furniture - Composite Get Premium Access to Subsector Analytics
Other manufacturing - Composite Get Premium Access to Subsector Analytics
Repair and installation of machinery & equipment - Composite Get Premium Access to Subsector Analytics
Description
The monthly tendency survey provides a quick and up-to-date overview of actual conditions and expectations within the manufacturing industries. The survey is directly connected to and defined by the Business and Consumer Survey joint harmonized program as managed by the Directorate-Generale for Economic and Financial Affairs (DG ECFIN), European Commission.
Services sector 18.1 20.3 blank blank blank -11 -18 -29 blank blank
Subsector Last Previous Trend Momentum 1 Year M/M Q/Q Y/Y
Architectural, engineering, technical analysis - Composite Get Premium Access to Subsector Analytics
Land transport & transport via pipelines - Composite Get Premium Access to Subsector Analytics
Water transport - Composite Get Premium Access to Subsector Analytics
Air transport - Composite Get Premium Access to Subsector Analytics
Warehousing and Support activities - Composite Get Premium Access to Subsector Analytics
Postal and courier activities - Composite Get Premium Access to Subsector Analytics
Accommodation - Composite Get Premium Access to Subsector Analytics
Food & Beverage Service activities - Composite Get Premium Access to Subsector Analytics
Publishing activities - Composite Get Premium Access to Subsector Analytics
Video, TV, Sound, Music Activities - Composite Get Premium Access to Subsector Analytics
Programming & broadcasting activities - Composite Get Premium Access to Subsector Analytics
Telecommunications - Composite Get Premium Access to Subsector Analytics
Computer programming & consulting - Composite Get Premium Access to Subsector Analytics
Information Service activities - Composite Get Premium Access to Subsector Analytics
Financial service activities (insurance & pension funds excluded) - Composite Get Premium Access to Subsector Analytics
Insurance, reinsurance, pension funding - Composite Get Premium Access to Subsector Analytics
Support Financial Services & Insurance Activities - Composite Get Premium Access to Subsector Analytics
Real estate activities - Composite Get Premium Access to Subsector Analytics
Legal & Accounting activities - Composite Get Premium Access to Subsector Analytics
Management, Consulting and Administration Activities - Composite Get Premium Access to Subsector Analytics
Scientific research & development - Composite Get Premium Access to Subsector Analytics
Advertising & market research - Composite Get Premium Access to Subsector Analytics
Other professional, scientific & technical activities - Composite Get Premium Access to Subsector Analytics
Veterinary activities - Composite Get Premium Access to Subsector Analytics
Rental & leasing activities - Composite Get Premium Access to Subsector Analytics
Employment activities - Composite Get Premium Access to Subsector Analytics
Travel services - Composite Get Premium Access to Subsector Analytics
Security & investigation activities - Composite Get Premium Access to Subsector Analytics
Buildings and landscape services - Composite Get Premium Access to Subsector Analytics
Admnistration, office support, business support activities - Composite Get Premium Access to Subsector Analytics
Creative, arts & entertainment activities - Composite Get Premium Access to Subsector Analytics
Libraries, Archives, Museums, Cultural activities - Composite Get Premium Access to Subsector Analytics
Gambling & betting activities - Composite Get Premium Access to Subsector Analytics
Sports activities, amusement activities - Composite Get Premium Access to Subsector Analytics
Membership organisations activities - Composite Get Premium Access to Subsector Analytics
Repair of personal and household goods - Composite Get Premium Access to Subsector Analytics
Other personal service activities - Composite Get Premium Access to Subsector Analytics
Description
The monthly tendency survey provides a quick and up-to-date overview of actual conditions and expectations within the Services. The survey is directly connected to and defined by the Business and Consumer Survey joint harmonized programme as managed by the Directorate-Generale for Economic and Financial Affairs (DG ECFIN), European Commission. Within same programme is also carried out monthly tendency surveys on Manufacturing Industries, Construction, Retail Trade and Consumer expectations as well as the biannual survey on Manufacturing Industry Investments.
Retail sector 15.2 16.4 blank blank blank -7 -3 -30 blank blank
Subsector Last Previous Trend Momentum 1 Year M/M Q/Q Y/Y
Trade & repair of motor vehicles & motorcycles - Composite Get Premium Access to Subsector Analytics
Sale of motor vehicles - Composite Get Premium Access to Subsector Analytics
Maintenance of motor vehicles & sale of accessories - Composite Get Premium Access to Subsector Analytics
Retail trade (motor vehicles & motorcycles excluded) - Composite Get Premium Access to Subsector Analytics
Retail sale of Food, Beverages, Tobacco - Composite Get Premium Access to Subsector Analytics
Retail sale of automotive fuel - Composite Get Premium Access to Subsector Analytics
Retail sale of other goods - Composite Get Premium Access to Subsector Analytics
Description
The monthly tendency survey provides a quick and up-to-date overview of actual conditions and expectations within the retail trade. The survey is directly connected to and defined by the Business and Consumer Survey joint harmonized programme as managed by the Directorate-Generale for Economic and Financial Affairs (DG ECFIN), European Commission. Within same programme is also carried out monthly tendency surveys on Manufacturing Industries, Construction, Services and Consumer expectations as well as the biannual survey on Manufacturing Industry Investments.
Consumer sector -24.7 -25.4 blank blank blank -3 -23 6 blank
Subsector Last Previous Trend Momentum 1 Year M/M Q/Q Y/Y
Description
The purpose of the tendency survey for the consumer industry is to provide a fast and up-to-date picture of conditions and expectations in the consumer industry. The survey is directly connected to and defined by the Business and Consumer Survey joint harmonized programme as managed by the Directorate-Generale for Economic and Financial Affairs (DG ECFIN), European Commission. Within same programme is also carried out monthly tendency surveys on Manufacturing Industries, Construction, Services and Consumer expectations as well as the biannual survey on Manufacturing Industry Investments.
Construction sector -8.8 -11.0 blank blank blank -20 -30 -9 blank blank
Subsector Last Previous Trend Momentum 1 Year M/M Q/Q Y/Y
Construction of buildings - Composite Get Premium Access to Subsector Analytics
Civil engineering - Composite Get Premium Access to Subsector Analytics
Specialised construction activities - Composite Get Premium Access to Subsector Analytics
Description
The purpose of the tendency survey for the construction industry is to provide a fast and up-to-date picture of conditions and expectations in the construction industry. The survey is directly connected to and defined by the Business and Consumer Survey joint harmonized programme as managed by the Directorate-Generale for Economic and Financial Affairs (DG ECFIN), European Commission. Within same programme is also carried out monthly tendency surveys on Manufacturing Industries, Construction, Services and Consumer expectations as well as the biannual survey on Manufacturing Industry Investments.
Employment dynamics 105.5 103.0 blank blank blank 2 3 -1 blank
Subsector Last Previous Trend Momentum 1 Year M/M Q/Q Y/Y
Description
The purpose of the tendency survey for employment is to provide a fast and up-to-date picture of conditions and expectations in employment for the country. The survey is directly connected to and defined by the Business and Consumer Survey joint harmonized programme as managed by the Directorate-Generale for Economic and Financial Affairs (DG ECFIN), European Commission.


Turkey Real-Time News

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Newsflow
Time Headlines See All News >>
10:40:22 Statement about the Turkish Repo Rate
10:40:21 The Turkish weekly repo rate was reported at 45%, matching both the forecast and the previous rate of 45.00%.
19:11:02 President Erdogan of Turkey has stated that the era of significant devaluation for the country's currency, the lira, has come to an end.

Turkey Economic Calendar

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Economic calendar presents real-time updates for actual, forecasts and consensus values of economic indicators and updates related to Turkey's economy.


Time Imp Event Actual Forecast Previous
14:00 Turkish Weekly Repo Rate - 50% 50.00%


Turkey Financial Markets


MacroVar analytics monitors the following Turkey financial markets. MacroVar models monitor a vast of financial and macroeconomic factors affecting each financial market. Click on a specific financial market to get detailed analysis.


Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
BIST 100 BIST 7959.95 0.5 0.75 1.15663 53.9485 0.00777 0.01357 0.0329 0.665
Turkey ETF TUR 33.98 -1 0 0.06992 39.0073 -0.00498 -0.00118 -0.12445 0.24972
Turkish Lira US Dollar (TRY/USD) TRYUSD 28.3534 1 1 1.36292 87.9983 0.00107 0.0067 0.0286 0.52363
Turkey 10-Year Bond Yield TR.10Y 28.595 1 1 2.36663 81.1416 0.07906 0.10619 0.13653 1.74424
Turkey 5-Year Bond Yield TR.5Y 19.335 1 1 2.22517 60.2564 0.04064 0.09858 0.10234 -0.18383
Turkey 2-year bond yield TR.2Y 19.14 1 1 2.83189 82.44 6.22 11.21 45.33 6.1
Turkey Yield Curve TR.YC -7.08 0.5 -1 -2.35315 27.9508 0.25979 0.416 1.20561 3.75168
Turkey Credit Default Swaps CDS.Turkey 284 -1 -1 -1.8167 20.6882 0.00531 -0.0173 -0.16409 -0.45853

Turkey Macroeconomic Indicators


MacroVar analytics monitors the following Turkey's economic indicators. Click on a specific macroeconomic indicator to get detailed analysis.


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
balance of trade tr.balanceoftrade -5920 -6518.77 -9 -33 UP UP 22 2023-11-30
banks balance sheet tr.banks.bs 24547900000 23803800000 3 63 UP UP 88 2024-02-29
building permits tr.buildingpermits 187442 65145 188 242 UP UP 97 2023-10-31
business confidence tr.bizconfidence 104.4 101.5 3 -1 UP Down 40 2024-03-31
capacity utilization tr.caputilization 76.2 77.5 -2 1 Down UP 63 2024-01-31
capital flows tr.capitalflows -8265 -4359 90 3 Down Down 72 2024-02-29
car registrations tr.carregistrations 193600 213493 -9 78 Down UP 75 2024-02-29
cash reserve ratio tr.cashreserveratio 25 25 0 32 UP UP 72 2022-02-28
central bank balance sheet tr.cb.assets 6889690000 6861390000 0 99 Down Down 0 2024-02-29
consumer confidence tr.consconfidence 79.3 80.4 -1 -4 UP Down 38 2024-02-29
consumer price index cpi tr.cpi 2139.47 2073.88 3 68 UP UP 87 2024-03-31
core inflation rate tr.coreinflationrate 75.21 72.89 3 59 UP UP 70 2024-03-31
current account tr.currentaccount -3265 -2522 29 -64 Down UP 42 2024-02-29
current account to gdp tr.currentaccountgdp -5.4 -0.9 500 -7 Down UP 0 2022-01-31
deposit interest rate tr.depositrate 16 13.5 19 28 UP UP 77 2023-07-20
exports tr.exports 22580 21860 3 4 UP UP 40 2024-05-31
external debt tr.externaldebt 499886 481321 4 11 UP UP 45 2023-12-31
fiscal expenditure tr.fiscalexp 689.9 767.97 -10 77 Down UP 67 2024-02-29
foreign exchange reserves tr.fxreserves 68750 70680 -3 -25 Down Down 2 2029-06-30
gdp tr.gdp 905.99 819.04 11 9 UP UP 0 2022-12-31
Real GDP tr.realgdp 604781000 597306000 1 18 UP UP 52 2023-12-31
gdp growth tr.gdpgrowth 1 0.3 233 -17 Down Down 73 2023-12-31
gdp growth annual tr.gdpgrowthan 4 6.1 -34 -38 Down Down 50 2023-12-31
gold reserves tr.goldres 540.19 478.97 13 -1 UP Down 5 2023-12-31
government budget tr.govbudget -5.4 -0.9 500 315 Down Down 0 2023-01-31
Government budget tr.govbudgetvalue -208.97 -153.8 36 343 Down Down 87 2024-03-31
government debt tr.govdebt 7238140 6979750 4 61 UP UP 78 2024-03-31
government debt to gdp tr.govdebtgdp 31.7 41.8 -24 -21 Down Down 0 2022-01-31
government revenues tr.govrev 536.11 617.25 -13 145 UP UP 95 2024-02-29
housing index tr.housingindex 1190 1163.3 2 68 UP UP 60 2024-01-31
housing starts tr.housingstarts 21288 10117 110 135 UP UP 90 2023-10-31
imports tr.imports 28930 29389.9 -2 -6 Down Down 24 2023-11-30
industrial production tr.indproduction 11.5 1.3 785 -240 UP UP 17 2024-02-29
industrial production mom tr.indproductionmm 2.4 -16.9 -114 -141 UP UP 0 2024-02-29
inflation cpi tr.inflationcpi 68.5 67.07 2 36 UP UP 58 2024-03-31
interbank rate tr.interbankrate 15.63 15.63 0 0 Down Down 51 2023-08-15
interest rate tr.interestrate 17.5 15 17 25 UP UP 63 2023-07-20
lending rate tr.lendingrate 19 16.5 15 23 UP UP 67 2023-07-20
loans to private sector tr.loanprivate 5659410000 5408520000 5 50 UP UP 83 2024-02-29
long term unemployment rate tr.ltunemploymentrate 3.5 3.3 6 52 UP UP 0 2020-12-31
Manufacturing PMI tr.manpmi 50 50.2 -0 -2 UP Down 32 2024-03-31
money supply m1 tr.msm1 5516680000 5049630000 9 59 UP UP 60 2024-03-31
money supply m2 tr.msm2 14288600000 13952900000 2 58 UP UP 61 2024-03-31
money supply m3 tr.msm3 14928500000 14509800000 3 61 UP UP 62 2024-03-31
new home sales tr.newhomesales 28594 25263 13 22 Down UP 86 2024-02-29
Producer Price Index tr.producerprices 3252.79 3149.03 3 51 UP UP 70 2024-03-31
PPI Index tr.producerpricesch 51.47 47.29 9 -33 UP Down 40 2024-02-29
retail sales MoM tr.retailsales 3.5 2.7 30 -160 UP UP 0 2024-02-29
retail sales tr.retailsalesan 25.1 13.7 83 17 UP UP 63 2024-02-29
total vehicle sales tr.vehiclesales 109828 105990 4 6 UP UP 37 2024-03-31
unemployment rate tr.unemploymentrate 8.7 9 -3 -13 Down Down 22 2024-02-29
youth unemployment rate tr.ytunemploymentrate 15.6 16.4 -5 -17 Down Down 13 2024-02-29
foreign direct investment tr.fdi 217 399 -46 -31 Down Down 34 2024-02-29
Construction Confidence tr.esi.constr -8.8 -11 -2000 -900 UP UP 5200 2024-01-22
Consumer Confidence tr.esi.cons -24.7 -25.4 -300 600 Down Down 4800 2024-01-22
Industrial Confidence tr.esi.man -1.3 -0.4 22500 -5800 Down UP 6200 2024-01-22
Retail Confidence tr.esi.ret 15.2 16.4 -700 -3000 Down Down 2500 2024-01-22
Services Confidence tr.esi.serv 18.1 20.3 -1100 -2900 Down Down 3700 2024-01-22
ESI - Economic Composite tr.esi.conf 97.7 101.1 -3 9 Down UP 73 2022-02-28

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