Economy & Money
Exchange rates, inflation, banking, costs and decisions that affect daily life.
Türkiye's 2027–2029 programme targets 4.2% growth next year and single-digit inflation by 2029
The new government framework estimates 2026 inflation at 28.4% and growth at 3.3%, then sets a 9% inflation objective for 2029. These are programme assumptions, not guaranteed outcomes.
7 min read · today, 15:19Türkiye broadens export rediscount credit tax-relief wording beyond Eximbank
Decision No. 11723 and Communiqué 2026/3 add ‘other banks’ to the framework for tax, duty and fee exemptions tied to Central Bank rediscount credits. Ordinary commercial loans are not automatically covered.
6 min read · today, 06:19Türkiye sets 10% withholding on specified corporate money-market fund gains
Decision No. 11734 targets specified corporate money-market fund gains and separately sets 10% for other taxpayers' gains outside sub-item (1). Product and taxpayer classification matter.
7 min read · today, 05:20Türkiye's August imports grew faster than exports, leaving a $5.24bn goods gap
Exports rose 8.1% to $23.467bn and imports 10.5% to $28.706bn. Germany was the top export market, while intermediate goods drove most trade.
7 min read · today, 12:28Türkiye inflation eased to 31.51% in August; September rent cap is 31.79%
Annual CPI slowed, but prices still rose 1.84% in August. Transport was the strongest monthly pressure, while the 12-month average sets September's standard rent-renewal ceiling.
8 min read · today, 10:24Türkiye's economy grew 2.3% in Q2 2026 — what the headline tells investors
TÜİK's first estimate shows real GDP was 2.3% higher than a year earlier; a separate annual release puts full-year 2025 growth at 3.7%.
7 min read · today, 10:25Türkiye's 29% tax-debt instalment deadline is today — who can still apply
Eligible debts can be deferred at 29% annual interest instead of 39%, but applications close on 31 August and the scheme is not a tax amnesty.
7 min read · today, 07:22Fact check: Türkiye says no current plan for a very large electricity price increase
An official 28 August bulletin rejects claims of an imminent, very high electricity tariff increase — but does not promise that prices can never change.
5 min read · today, 18:27Türkiye's July trade gap widens 13.6% as imports outpace exports
Exports reached a July record, but imports grew faster and the goods deficit rose to $7.343 billion; the seasonally adjusted monthly picture was less negative.
8 min read · today, 10:18Türkiye’s reserves rose to $188.4bn — but the weekly gain came from gold, not foreign currency
TCMB’s total gross reserves increased by $4.95bn in the week to 21 August. Gold rose by $5.89bn while gross FX reserves fell by $0.94bn.
6 min read · today, 17:25Türkiye will cut the sunflower-seed import tariff earlier — but cooking oil prices are not guaranteed to fall
The 12% tariff will apply from 1 October instead of 30 November in 2026, a supply measure aimed at processors rather than a fixed retail-price reduction.
6 min read · today, 14:20Türkiye revokes Payco and Junomoney e-money licences: what is confirmed
The CBRT decisions end both companies' authorisation, but the published texts do not set out a customer refund timetable or migration plan.
6 min read · today, 03:22Türkiye triples the FAST transfer limit to TRY 300,000 from 26 August
The central bank is raising the per-transaction FAST limit from TRY 100,000 to TRY 300,000, while QR merchant payments will rise from TRY 250,000.
7 min read · today, 04:49Türkiye labour costs rose 34% as construction hours accelerated
TÜİK's second-quarter indices show rising employer costs and a construction sector adding workers and hours, while industrial employment continued to contract.
8 min read · today, 13:25Türkiye's farm input prices fell 0.92% in June, but annual pressure remained high
A monthly decline interrupted the recent rise, yet agricultural inputs still cost 32.06% more than a year earlier and fertiliser remained the main annual pressure point.
8 min read · today, 17:10Türkiye's export producer prices jumped 2.51% in July despite slower annual inflation
The monthly rise accelerated from 0.46% in June, while the annual rate eased from 30.33% to 29.67% — a split signal for exporters, buyers and investors.
7 min read · today, 12:35Türkiye unemployment fell to 7.9%, but industry shed 121,000 jobs
Second-quarter employment rose by 155,000 as services added 240,000 jobs, while broad labour underutilisation remained high at 29.9%.
6 min read · today, 12:30
18Editorial visualBank deposits delivered the best monthly real return in July
TÜİK calculated a 1.29% real monthly return on gross deposit interest after adjustment for consumer inflation.
5 min read · today, 08:25
19Editorial visualMarket participants expect inflation of 29.43% by the end of 2026
The new TCMB survey also shows an expectation of 48.19 lira per dollar by the end of the year and a rate of 35.25%.
6 min read · today, 16:18
20Editorial visualThe Turkish Central Bank raised its inflation forecast for the end of 2026 to 28%
TCMB's new forecast is two points higher than its May estimate; the target for the end of 2027 is left at 15%.
7 min read · today, 08:02
21Editorial visualFact check: why 28% and 24% of the Turkish Central Bank do not contradict each other
In the report, 28% is the central inflation forecast for the end of 2026, and 24% is the retained interim monetary policy target.
5 min read · today, 07:13
22Editorial visualToday the Central Bank of Türkiye presents a new inflation forecast
On August 13, Enflasyon Raporu 2026-III is released - a key benchmark for rates, exchange rates, loans and the housing market.
6 min read · today, 08:18
23Editorial visualWhat do exchange rates mean for a foreigner living or investing in Türkiye?
Prices, expenses and decisions without panic: separating daily fluctuations from long-term factors.
7 min read · today, 12:16