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.

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.

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.

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.

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.

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