• Economic News Updates

    Economic News Updates

    For each market we cover, OBG produces regular economic research available on our website, by email subscription and via RSS feed. Free to access, our Economic Updates are targeted at those looking for regular comment on key sector developments.

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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 outlook.

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 interest rates low and inflation under control.

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 holiday-makers are choosing to forego a visit this summer.

Economic Update | Turkey: Gearing up to face challenges

24 Jul 2013

Despite an improved performance so far in 2013, Turkey’s automotive sector is expected to continue to face hurdles over the coming years. The economies in some of its main export markets are underperforming and new challenges are arising from other producers looking to launch a drive into Europe, potentially raising the level of competition at home and abroad.

Economic Update | Turkey: EU-US trade pact could hit exporters

5 Jul 2013

Government officials are becoming increasingly concerned that Turkish exporters could face stiffer competition in their biggest markets due to a looming free trade agreement (FTA) between the EU and the US, a deal that could undermine Ankara’s Customs Union with Europe.