TRUDEAU SAYS IT LOOKS LIKE BOC WILL BE LOWERING RATE AGAIN

MNI BRIEF: Canada Commits To Just One Of Three Fiscal Anchors

MNI BRIEF: Brazil Not Even Close To Fiscal Dominance - David

CORRECTED-MNI BRIEF: Brazil Inflation Rises To 4.87% In Nov

MNI China Daily Summary: Tuesday, December 10

MNI: USDA: 2024/2025 CORN PRODUCTION EST 15.14B BSL

EZ/UK T-Bill Calendar: 12-Month BOT Auction on Wednesday

EZ/UK Bond Supply Calendar: 4.25% Jul-34 Gilt Due Wednesday

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Industrial Production Rises 4.5% y/y, Erdogan to Call for Elections in Speech Today

TURKEY
  • Turkey’s seasonally and calendar adjusted industrial production rose 4.5% y/y (Est: 2.1%, Prior: -0.4%r), 1.9% m/m (Est: 0.7%, Prior: 1.7%r), data released this morning revealed. Turkstat says it used alternative data sources including e-invoices due to lower response rates from areas affected by earthquakes. The adjusted unemployment rate fell to 9.7% in January from revised 10.2% in December, its lowest rate since January 2020.
  • President Erdogan will speak at 1100GMT/1400 local time in Ankara where he is expected to officially call for elections. The presidential decision will then be published in the Official Gazette on March 11.
  • Turkey’s main opposition Republican People’s Party (CHP) leader Kemal Kilicdaroglu has said that he will ‘definitely’ visit the pro-Kurdish Peoples’ Democratic Party (HDP) during his presidential campaign, local newspaper Duvar reported yesterday after the Turkish Constitutional Court lifted a block on the state funding of the HDP party. However, IYI Party leader Aksener ruled out the possibility of the HDP being given ministerial positions in the Opposition Alliance in exchange for the party’s support for Kilicdaroglu.
BulletEM BulletEmerging Market NewsHomepage
BulletEM BulletEmerging Market NewsHomepage

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.