Turkish Statistics Institute
Foreign tourist arrivals surge 13 percent in first quarter
Foreign tourist arrivals increased by 13.2 percent in January-March to more than 7 million, while tourism revenues in the first quarter of 2024 rose 5.4 percent year-on-year to $8.78 billion, separate data showed on April 30.
Including the Turks residing abroad, more than 9 million people visited Türkiye in January-March, according to the numbers of the Tourism Ministry.
Consumer confidence improves in April
Confidence among Turkish consumers improved for a second month in a row in April, according to a survey conducted jointly by the Turkish Statistics Institute (TÜİK) and the Central Bank.
The headline consumer confidence index rose by 1.4 percent month-on-month to 80.5, after inching up 0.02 percent in March.
Any figure below the 100 mark indicates pessimism among consumers.
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Services sector was largest employer in 2023
Some 18.2 million people worked in the services sector last year, accounting for 57.6 percent of all employment, data from the Turkish Statistics Institute (TÜİK) have shown.
Around 6.6 million of those employed in the services sector were women, according to the numbers of the statistics authority released on March 25.
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Housing market remains weak, sales plunge 21 percent
The year-on-year decline in home sales deepened in November, with sales falling 20.6 percent from the same month of last year to around 93,500, the numbers from the Turkish Statistics Institute (TÜİK) showed on Dec. 15.
In October, nearly 94,000 residential properties changed hands, pointing to 8.7 percent annual decline.
Card payments soar 122 percent
Payments made with credit cards, debit cards and prepaid cards stood at 836 billion Turkish Liras ($28.9 billion) in October, rising 122 percent from a year ago, according to the data from the Interbank Card Center (BKM).
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Consumer morale continues to improve
Consumer sentiment improved for a second month in a row in October, after deteriorating between June and August, a survey conducted jointly by the Turkish Statistics Institute (TÜİK) and the Central Bank has shown.
The consumer confidence index, which rose 5.1 percent month-on-month in September, advanced 4.4 percent to 74.6 in October, TÜİK said on Oct. 23.
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Capacity usage in manufacturing improves
The seasonally adjusted capacity utilization rate (CUR) in the manufacturing sector has improved slightly from 76.3 percent in May to 76.6 percent in June, data from the Central Bank have shown.
The unadjusted CUR was 76.8 percent, up from the previous month's 76 percent.
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IFC investment to boost Turkish farmers access to finance
A new targeted investment will help address the critical financing needs of Türkiye's micro, small, and medium enterprises in the agricultural sector, the International Finance Corporation (IFC) has said.
It will help in preserving jobs and aiding economic recovery, with a particular focus on earthquake-impacted areas, the IFC, a member of the World Bank Group, said in a statement.
Average household size, total fertility rate for Türkiye decreases
According to the data of the Address Based Population Registration System (ABPRS), the average household size in Türkiye is decreasing, falling from four people in 2008 to 3.17 people in 2022, the Turkish Statistics Institute (TÜİK) has announced.
Life expectancy for Turkish citizens decreases to 77.7 years
Türkiye's life expectancy for citizens has decreased to 77.7 years, according to the latest report released by the Turkish Statistics Institute (TÜİK) on April 26.