Monday, May 3, 2010

EconNews Roundup

Inflation at 17-month high: Despite the headline, the figure was lower-than-expected. But that's no reason to rejoice, for two reasons. First, core inflation is on the rise. Second, there was a sharp fall in communication, which is, according to TURKSTAT (as reported from Global Source, who asked them about it) is a methodological adjustment.

More energy investment in Turkey....

...And we get a new energy index.

Turkey ranks 16th in PPP-adjusted GDP: I said 17th when I was quarreling with my uncle, who firmly believes Turkey is a agricultural society, so thanks to Zaman for the update.

Exports continue to bounce back strongly, according to preliminary figures from TEA.

Yet another confidence index on the rise.

No comments: