An econ-only start to the New Year

TURKEY - Report 04 Jan 2026 by Murat Ucer

As our politics author is dealing with a nasty flu, this is an econ-only weekly. He will provide his update in the next few days.

Growth indicators that are now available for the full fourth quarter of last year – namely, manufacturing sector PMI and confidence indices – show tangible improvements over the previous quarter. In contrast though, stagnation in the labor market seems to continue, broadly speaking, a low headline unemployment rate through November notwithstanding.

[...]

The key data release of the coming week is December inflation print on Monday. According to two publicly available polls we saw (Foreks and Bloomberg HT), CPI inflation is expected to come in at around 0.9-1%, which is slightly lower than ours. If the consensus forecast holds, the 12-month CPI-inflation should finish the year at the lower end of the CBRT’s forecast band (31%) or slightly lower, further down from 31.1% in November.

Now read on...

Register to sample a report

Register
Sign-in
Forgot your password?
Copyright 2026 GlobalSource Partners. All rights reserved. This report is prepared for GlobalSource Partners’ clients and may not be redistributed, reproduced, stored in a retrieval system, retransmitted or disclosed, in whole or in part, or in any form or manner, without the express written consent of GlobalSource Partners. This report is distributed simultaneously to our website and other portals used by GlobalSource Partners. The information herein was obtained from various sources and is believed to be reliable but GlobalSource Partners does not warrant its completeness or accuracy. Neither GlobalSource Partners nor any Country Analyst, officer or employee accepts any liability whatsoever for any direct, indirect or consequential damages or losses rising from any use of this report or its contents.