recession

Business

Moody’s says Turkey’s economy likely entered recession

November 16, 2018

Global credit agency Moody’s has said Turkey's economy began decelerating rapidly in the third quarter, in the wake of a currency crisis, causing a...

Business

Turkish central bank keeps main interest rate unchanged

October 25, 2018

The Turkish central bank on Thursday kept its main interest rate unchanged, in line with market expectations after an unexpectedly aggressive hike last month,...

Business

Turkish manufacturing slides to 9-year low, indicating deep recession on the way

October 1, 2018

Turkish manufacturing activity slid to its lowest level in nine years in September, a business survey showed on Monday, in what economists said was...

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