Enver Erkan

The Turkish lira rose nearly 3% against the US dollar. This happened after the Central Bank of Turkey decided to simplify its monetary policy.

Turkey's unemployment rate declined to 10.5 percent in the April period, which covered data from March to May, falling further from a seven-year high at the start of the year but up from 9.5 percent a year earlier, official data showed on July 17. 

Turkey's consumer price inflation eased at a faster-than-expected pace in June to the lowest level in four months, with a significant decrease in food, clothing and transport prices, data from the Turkish Statistical Institute (TÜİK) showed on July 3.

Turkey's calendar-adjusted industrial production soared by 2 percent in October, beating estimates by a wide margin from a year earlier, the Turkish Statistical Institute (TÜİK) said in a statement on Dec. 8.      

The term "calendar adjusted" is used to refer to unadjusted data that has removed calendar and holiday-originated effects.      

Turkey's current account deficit has widened, standing at $1.78 billion in August, up almost by $2 billion year-on-year, due to a decline in income from tourism and imports, the Central Bank said in a report on Oct. 12.
The 12-month rolling deficit rose to $31.02 billion, up from $29 billion in July, according to the report.  
      

Turkish consumer prices rose less than forecast in September on the back of a significant fall in food prices, data from the Turkish Statistics Institute (TÜİK) showed on Oct. 3. 

The Central Bank announced on March 24 that it would hold key interest rates at their current levels, apart from the marginal funding rate.

Turkey's unemployment rate rose to a 10-month high of 10.8 percent in December 2015 from 10.5 percent in the previous month, data from the Turkish Statistics Agency (TÜ?K) showed on March 15. The rate was 10.9 percent in December 2014, according to official data. 

Turkey's inflation rate slowed down more than forecast in February as increases in food prices lost pace, according to Turkish Statistics Institute (TÜ?K) data released on March 3. 

Turkey?s industrial production declined a calendar-adjusted 2.2 percent year-on-year in January, reversing a 2.5 percent increase in the previous month, the Turkish Statistics Institute (TÜ?K) showed on March 9.

Seasonally and calendar adjusted industrial production decreased by 1.4 percent compared with the previous month, according to TÜ?K data.