Turkish Statistical Institute

Turkish consumers' sentiment has recovered slightly from its lowest level in four years in January, recording a slight increase of 0.5 points in February, according to official figures announced on Feb. 19.

Turkey's unemployment rate increased to 10.7 percent in the November 2014 period, the highest since October 2010, the Turkish Statistical Institute (TÜ?K) revealed Feb. 16.

Analysts said the rise was mainly caused by the decrease in domestic demand and the increase in labor force participation.

Non-agricultural unemployment was announced at 12.7 percent.

The Turkish Statistical Institute's survey shows a drop in the percentage of happy people in the country in 2014.

A lower percentage of Turkish people were happy in 2014 compared to the previous year, according to the Turkish Statistical Institute's "Life Satisfaction Survey 2014," published on Feb. 13.

Turkey?s industrial production increased by 2.6 percent in December, according to data from the Turkish Statistical Institute (TÜ?K) released on Feb. 8. 

Industrial production increased by 2.6 percent compared with the same month last year, and 1.2 percent from the previous month.

Turkish capitalism has experienced a long period of growth in the period since 2002 when the Justice and Development Party (AKP) came to power. The wind of this growth was provided domestically and internationally. This growth, which occurred with the push of a foreign capital inflow totaling an annual average of $40 billion, was mostly oriented toward the domestic market.

The Turkish High Election Board (YSK) has fine-tuned the number of lawmakers to be elected from each province at the June 7 polls in accordance with updated population data, increasing the number of Istanbul deputies to be elected by Istanbul residents.

Nearly a quarter of around 3 million unemployed people in Turkey are university graduates, according to official figures that reveal severity of situation Economic growth, which is estimated to have dropped to 2.5 percent in 2014, has also made unemployment climb.

Turkey is a net winner from the decline in oil prices, said Deputy Prime Minister Ali Babacan, speaking at the World Economic Forum in Davos on Jan. 22.

?Our biggest gain from low oil prices is the improvement in our current account balance,? Babacan said, adding that the decline may have a slight negative effect on collecting tax revenues from petroleum products.

More than 561 million copies of books were published in Turkey last year, according to a recently released report from the Turkish Publishers' Union. The figure equaled over seven books for every citizen of the country.

Turkish Economy Minister Nihat Zeybekci has backed President Recep Tayyip Erdo?an?s recent call for a cut in interest rates, saying the current rates imposed by the Central Bank are unreasonable while speaking at a press conference late Jan. 16.