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ECONOMY
Page 11
Central Bank keeps interest rate constant for the seventh month in a row
The one-week policy rate will remain at 14 percent. The "liraization" strategy will continue, said the bank.
21 July 2022
Turkey's unemployment rate further drops, according to TurkStat
Women's employment and labor force participation rates are less than half of men's, the official figures show.
13 July 2022
At least 842 workers killed on the job in Turkey in first half of 2022
Only three percent of the killed workers were unionized. Forty-eight refugee workers were killed in Turkey whereas 22 workers from Turkey were killed in other countres.
7 July 2022
Turkey's official inflation rate surpasses 78 percent
An independent group of economists found the annual inflation rate was over 175 percent in June.
4 July 2022
Explosion at fertilizer facility leaves two workers injured
The explosion reportedly occurred after a cutting disc touched a gas tank.
29 June 2022
Starvation line in Turkey: 6 thousand 391 lira
The 'cost of living' of a single employee has increased to 8,313 Turkish Lira (TRY), which is 4,061 TRY higher than the minimum wage.
28 June 2022
Turkey remains among 10 worst countries for working people
Turkey ranked among the worst countries because of the suppression of strikes, arrests of unionists and the systematic prevention of union activities, according to the ITUC index.
28 June 2022
Hikmet Adal
Vocational high schools: 'They are not students but workers'
Students experience workplace accidents just as adults do and safety measures at schools are not sufficient, says a new report by the FİSA Child Rights Center.
22 June 2022
Ayşegül Özbek
Disciplinary inquiry into chair of independent inflation research group in Turkey
Veysel Ulusoy, the founder of the independent research group which calculates the inflation rate higher than official figures is facing a disciplinary inquiry over speaking to press without "permission"
13 June 2022
One in every five youth is unemployed in Turkey
The narrowly defined unemployment rate was 11.3 percent in April, with an increase in the number of unemployed by 65 thousand and reaching 3 million 853 thousand according to TurkStat.
10 June 2022
At least 167 workers killed on the job in May
Over 96 percent of the 646 killed workers were non-union workers; 38 of them were refugees.
10 June 2022
Police prevent union members from gathering in front of TurkStat building
Members of a public employees union attempted to protest the statistical authority due to "inaccurate" inflation figures.
9 June 2022
Turkish lira hits lowest level since December
The dollar/lira exchange rate has surpassed 16.70 for the first time since December 20. As the lira continues to tank, the rise in oil prices have continued since last week.
7 June 2022
'It hurts only the poor': Turkey's finance minister defends 'high growth-high inflation' policies
Admitting that the government could have raised the interest rates to curb the inflation, Minister Nebati has unintentionally contradicted President Erdoğan's theory that higher interest rates bring higher inflation.
6 June 2022
Turkey hikes natural gas, electricity prices for households, businesses
Gas prices have risen by 30 percent and electricity prices have have risen by 15 percent.
1 June 2022
Turkey's growth rate at lowest level in last four quarters
The country's GDP increased by 7.3 percent to 179.8 billion US dollars in the first quarter of 2022.
1 June 2022
Finance minister says high inflation 'temporary'
"The global economy is going through a difficult time. High increases in commodity prices, problems in the supply chain and rising prices in transportation caused inflation to rise sharply all over the world," Nebati has remarked.
31 May 2022
Turkey's Central Bank keeps interest rate constant
"Increase in inflation is driven by rising energy costs, temporary effects of pricing formations that are not supported by economic fundamentals, and strong negative supply shocks," the bank has said.
26 May 2022
Union workers dismissed by Yemeksepeti food delivery company win lawsuit for reinstatement
The court has concluded that the company had fired three workers because of their union activities.
26 May 2022
Shopkeepers: Customers just ask for the price, but don't buy anything
As the economic crisis deepens in Turkey, shopkeepers in the Beyoğlu district of İstanbul consider shutting down their shops.
23 May 2022
Burak Siperli
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Income inequality during pandemic: What does data say about Turkey?
Releasing an information note ahead of the Davos summit, Oxfam said 263 million more people will crash into extreme poverty this year, at a rate of a million people every 33 hours.
23 May 2022
'Seven doctors leave Turkey every day'
The number of doctors leaving the country increases every year. Some 1,405 doctors left the country in 2021. This year, it is expected to be much higher.
23 May 2022
Sevcan Sinoplu
Survey: Eighty percent of people in Turkey have difficulties meeting their needs
More than 60 percent of the public holds the government responsible for the crisis, whereas 23 percent of all voters and half of the AKP voters blame "foreign powers."
23 May 2022
House sales to foreigners further increase in Turkey
Citizens of Russia, Iran and Iraq bought the highest number of residential properties in April, according to TurkStat.
18 May 2022
Turkey's current account balance posts 5.5 billion dollars of deficit in March
The country's 12-month rolling deficit reached 24.22 billion dollars in March, according to the Central Bank.
16 May 2022
At least 129 workers killed in April
In the first four months of the year, at least 479 workers were killed on the job. Construction and transportation were the sectors with the highest number of deaths.
13 May 2022
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TurkStat: Turkey’s unemployment rate stands at 11.5 percent
According to official figures, the narrowly defined number of unemployment became 3 million 894 thousand in March.
10 May 2022
US dollar surpasses 15 against Turkish lira
The dollar/lira exchange rate has reached the highest level since December.
10 May 2022
Richest 20 percent in Turkey had nearly half of total income in 2021, shows TurkStat data
The country's Gini coefficient stood at 0.410 in the last year while he relative poverty rate and severe material deprivation rate decreased compared to the previous year, according to TurkStat.
9 May 2022
Starbucks workers in Turkey speak out: '18-hour shifts, no clear job definition'
A new one has been added to the workers' resistances: the Starbucks workers. Starbucks has become a talking point after the rights violations revealed by its workers around the world.
5 May 2022
Turkey's annual inflation rate over 156 percent, says research group
The official inflation rate was less than half of what the ENAG has found.
5 May 2022
Turkey's official inflation rate rises to 70 percent
The highest annual increase was in transportation and food, according to TurkStat.
5 May 2022
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