Markets Actual Q3/26 Q4/26 Q1/27 Q2/27
Currency 47.20 47.05 46.93 46.83 46.72
Stock Market (points) 14070.98 13538 12925 12428 11950
Government Bond 10Y (%) 31.96 31.36 30.65 30.06 29.48

Overview Actual Q3/26 Q4/26 Q1/27 Q2/27
GDP Growth Rate (%) 0.10 1.4 1.2 1.3 1
GDP Annual Growth Rate (%) 2.50 3.1 3.2 3.1 2.9
Unemployment Rate (%) 8.20 8.3 8.2 8.1 8
Inflation Rate (%) 32.11 32 31 30 28
Inflation Rate MoM (%) 0.99 1.7 1.5 1.3 1.1
Interest Rate (%) 37.00 37 36 35 34
Balance of Trade (USD Million) -10400.00 -7800 -8700 -7500 -6200
Current Account (USD Million) -1459.00 1300 -7500 -5000 -1900
Manufacturing PMI (points) 47.10 50.5 52 52.8 53.5
Business Confidence (points) 103.50 104 104 105 106
Consumer Confidence (points) 87.90 88 89 90 91
Retail Sales MoM (%) 2.40 0.6 0.4 0.3 0.4
Current Account to GDP (% of GDP) -1.00 -2.8
Government Debt to GDP (% of GDP) 23.80 24.5
Government Budget (% of GDP) -4.70 -4.6

GDP Actual Q3/26 Q4/26 Q1/27 Q2/27
GDP Growth Rate (%) 0.10 1.4 1.2 1.3 1
GDP Annual Growth Rate (%) 2.50 3.1 3.2 3.1 2.9
GDP Constant Prices (TRY Thousand) 550837232.00 667869767 679902126 567913186 566811512
Gross Fixed Capital Formation (TRY Thousand) 144159104.00 173743287 181437770 148628036 148339718
GDP from Manufacturing (TRY Thousand) 91131853.00 99789005 105575091 93956940 93774677
GDP from Services (TRY Thousand) 138614708.00 165015900 175436433 142911764 142634535
GDP from Construction (TRY Thousand) 29170480.00 37954901 33378759 30074765 30016424
GDP from Public Administration (TRY Thousand) 57245933.00 61361370 57819314 59020557 58906065
GDP from Agriculture (TRY Thousand) 12969655.00 58998358 28037917 13371714 13345775
GDP (USD Billion) 1597.29 1652
GDP per Capita (USD) 15883.12 16423
GDP per Capita PPP (USD) 36154.49 37384
Full Year GDP Growth (%) 3.60 3.4

Labour Actual Q3/26 Q4/26 Q1/27 Q2/27
Unemployment Rate (%) 8.20 8.3 8.2 8.1 8
Employed Persons (Thousand ) 32463.00 32750 32800 33000 33200
Labor Force Participation Rate (%) 52.80 52.9 53 52.9 53.2
Youth Unemployment Rate (%) 14.80 14.9 14.8 14.7 14.6
Labour Costs (points) 1302.70 1287 1305 1694 1667
Wages in Manufacturing (points) 1321.30 1680 1750 1990 2100
Minimum Wages (TRY/Month) 33030.00 33030
Population (Million) 86.09 86.15

Prices Actual Q3/26 Q4/26 Q1/27 Q2/27
Inflation Rate (%) 32.11 32 31 30 28
Inflation Rate MoM (%) 0.99 1.7 1.5 1.3 1.1
Core Consumer Prices (points) 128.65 136 142 152 164
Core Inflation Rate (%) 29.84 28.9 28.5 27.7 27.6
Producer Prices (points) 5552.52 5833 5984 6421 6913
Producer Prices Change (%) 28.09 25.9 25.1 24.8 24.5
Food Inflation (%) 35.45 35 34 33 32
Producer Price Inflation MoM (%) 1.80 0.9 0.8 1 0.8
CPI Transportation (points) 130.31 133 135 136 138
CPI Housing Utilities (points) 141.62 143 151 163 181

Money Actual Q3/26 Q4/26 Q1/27 Q2/27
Interest Rate (%) 37.00 37 36 35 34
Deposit Interest Rate (%) 35.50 35.5 34.5 33.5 32.5
Lending Rate (%) 40.00 40 39 38 37
Private Debt to GDP (%) 113.60 112

Trade Actual Q3/26 Q4/26 Q1/27 Q2/27
Balance of Trade (USD Million) -10400.00 -7800 -8700 -7500 -6200
Current Account (USD Million) -1459.00 1300 -7500 -5000 -1900
Exports (USD Million) 24900.00 23200 25500 25000 23000
Imports (USD Million) 35300.00 31000 34200 32500 29200
Tourism Revenues (USD Million) 9896.00 27000 15100 11900 19300
Current Account to GDP (% of GDP) -1.00 -2.8

Government Actual Q3/26 Q4/26 Q1/27 Q2/27
Government Debt (TRY Million) 14992505.00 16247000 17130000 18078000 19015000
Government Debt to GDP (% of GDP) 23.80 24.5
Government Budget (% of GDP) -4.70 -4.6

Business Actual Q3/26 Q4/26 Q1/27 Q2/27
Manufacturing PMI (points) 47.10 50.5 52 52.8 53.5
Business Confidence (points) 103.50 104 104 105 106
Industrial Production (%) 0.00 2.4 3.5 4.2 4.5
Industrial Production Mom (%) -2.90 0.6 0.9 0.7 0.5
Manufacturing Production (%) 0.30 3.7 3.3 3.5 3.8
Capacity Utilization (%) 74.50 74.9 74.8 75.1 75.3
Car Production (Units) 124679.00 127855 128539 110302 129417

Consumer Actual Q3/26 Q4/26 Q1/27 Q2/27
Consumer Confidence (points) 87.90 88 89 90 91
Retail Sales MoM (%) 2.40 0.6 0.4 0.3 0.4
Retail Sales YoY (%) 13.70 7.2 6.5 5.8 4.8
Consumer Spending (TRY Thousand) 399066041.00 442242401 483046443 411437088 410638956
Consumer Credit (TRY Thousand) 6308264992.00 5157041743 5748800702 6189434447 6491204677
Gasoline Prices (USD/Liter) 1.36 1.42 1.18 1.18 1.18
Economic Optimism Index (points) 98.90 98 97.5 98 99