AI-generated daily market briefs, by country

🇹🇷 Türkiye — Daily Briefs

🇹🇷 TürkiyeJune 4, 2026

Turkey Q1 GDP Growth Misses Forecasts at 0.1% QoQ

Turkey's economy expanded just 0.1% quarter-on-quarter in Q1 2026 on a seasonally adjusted basis, well below expectations, as tighter monetary policy and elevated energy costs weighed on activity. The print, released June 1, marked a sharp slowdown from the prior quarter and highlighted the impact of geopolitical pressures on growth. The central bank maintained its policy rate at 37% amid ongoing disinflation efforts, with the next decision due June 11.

AI Daily Brief3 min

🇹🇷 TürkiyeJune 3, 2026

Turkey Q1 GDP Expands Just 0.1% q/q as Energy Costs and Tight Policy Weigh

Turkey's economy expanded only 0.1% quarter-on-quarter in Q1 2026, well below expectations, reflecting the impact of sustained high interest rates and elevated energy prices linked to regional conflict. Annual inflation rose to 32.37% in April, prompting the central bank to maintain its policy rate at 37%. Growth forecasts for 2026 have been revised lower by the IMF and others to around 3.4% or below. Investors focused on Türkiye may monitor upcoming inflation data and the June monetary policy meeting for signals on the duration of the tight stance.

AI Daily Brief3 min