Economic crises

Turkey posted a 17.53 percent annual hike in consumer prices in June, the country's statistical authority said on July 5.

Annual inflation rose 0.94 percentage points last month, up from 16.59 percent in May, according to the Turkish Statistical Institute (TÜİK).

Activity in the construction, retail and services sectors is seen increasing in the next three months, while the headcount in the respective fields will rise moderately, shows data released on Monday by the National Institute of Statistics (INS).

Turkey's central government's budget balance saw a 5.9 billion Turkish liras ($772 million) surplus in January-April, the Treasury and Finance Ministry announced on May 17. 

The figure improved from a 72.8 billion Turkish lira (some $11.6 billion) deficit in the same period last year.

Outstanding short- and long-term debts of Turkey's private sector declined in March, the Turkish Central Bank said on May 17. 

The total foreign debt of private sector saw $170.2 billion as of March, falling by $3.5 billion.

Outstanding short- and long-term debts of Turkey's private sector rose this February, the Turkish Central Bank said on April 15. 

The Turkish central government's gross debt stock totaled 1.85 trillion Turkish liras (around $249 billion) at the end of February, according to new official figures.

The figure was up 32% from the same month last year, according to data from the Treasury and Finance Ministry on March 22. 

Turkey's annual inflation rate is projected to rise to 15.45% in February, an Anadolu Agency survey found on Feb. 26. 

Turkey's annual inflation rate in January was 14.97%, up 0.37 percentage points from the previous month.

The Turkish Statistical Institute will announce February's consumer prices index on March 3 Wednesday.

The Turkish central government's gross debt stock totaled 1.8 trillion Turkish liras (around $243 billion) as of the end of 2020, said new official figures.

The figure was down 3.2% from the same period in the previous year, according to data from the Treasury and Finance Ministry on Jan. 20. 

The Turkish central government posted a budget deficit of 132.5 billion Turkish liras ($19 billion) in January-November, the Treasury and Finance Ministry said on Dec. 15.

The data showed that reading widened 42.1 percent compared to the same period last year.

The gross debt stock of Turkey's central government stood at 1.6 trillion Turkish liras (around $229 billion) at the end of April, according to official figures released on May 20.

The figure was 30% higher than the same month last year, the Treasury and Finance Ministry announced.