Turkish Statistical Institute

Number of EVs on Türkiye’s roads exceeds 150,000

The number of electric vehicles on Türkiye's roads increased significantly in the past 10 months, reaching more than 150,000 as of the end of October.

The fast expansion of the EV market was mostly due to domestically produced Togg, which delivered more than 40,000 vehicles in the last one and a half year.

Over half a million fined over unlicensed driving

Turkish traffic control units have fined 535,065 people for driving without a valid license this year, Interior Minister Ali Yerlikaya announced.

In 2024 alone, more than 134,000 drivers faced penalties for reckless speeding, which remains the foremost contributor to fatal accidents in Türkiye, Yerlikaya said in a social media post on Nov. 17.

Annual inflation slows to 15-month low of 48.6 pct in October

The annual inflation rate further slowed from 49.38 percent in September to 48.58 percent in October, the lowest rate since July 2023, according to data from the Turkish Statistical Institute (TÜİK) on Nov. 4.

Consumer prices advanced 2.88 percent last month, easing from 2.97 percent in September.

Tourism revenues up 7 percent to reach $47 billion in 9 months

The Salomon Cappadocia Ultra Trail Run organized in Nevşehir contributed approximately 200 million liras to the tourism in the region.

Türkiye's tourism revenue increased by 6.6 percent to $46.9 billion in the first 9 months of 2024 from a year ago, while foreign tourist arrivals rose 6.8 percent to 41.9 million in the same period, separate official data showed on Oct. 31.

Foreign trade gap narrows 31 percent in January-September

Türkiye's foreign trade deficit narrowed by 31.1 percent on a yearly basis to $60.43 billion this January-September, according to official new figures.

The country's exports totaled $191.75 billion in the nine-month period, up 2.6 percent, the Turkish Statistical Institute (TÜİK) said on Oct. 31.

Confidence in economy, inflation expectations improve

Confidence in the Turkish economy improved, while inflation expectations declined in October, separate surveys from the Central Bank and the statistics authority have shown.

The economic confidence index rose for a second month in raw, rising 3.2 percent in October from September, the Turkish Statistical Institute (TÜİK) said on Oct. 30.

Government plans $19 billion investment in transport in 2025

The Turkish government plans to invest 662.6 billion Turkish Liras ($19b billion) under several transport programs next year, according to the draft 2025 budget.

The government is pouring money into the transport infrastructure to keep up with fast technological developments in the industry.

Consumer morale improves for third straight month: Data

Consumer morale continued to improve for a third month in a row, according to data from the Turkish Statistical Institute (TÜİK) on Oct. 23.

The consumer confidence index rose by 3 percent month-on-month in October, followed by 0.6 percent and 2.4 percent increases recorded in August and September, respectively.

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