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Turkiye’s Nov 2024 exports see 3.1% rise YoY, imports up 2.7% YoY

Turkiye’s exports in November 2024 were worth $22.289 billion—a 3.1-per cent drop YoY, and imports amounted to $29.748 billion—a 2.7-per cent rise YoY.
Between January and November, exports were worth $238.462 billion—a 2.5-per cent rise YoY, and imports amounted to $311.798 billion—a 6.3-per cent drop YoY.
Foreign trade volume was worth $42.72 billion in November 2024—a 0.6-per cent rise YoY.Read More

02.01.2025Comments Off,
European Union year-end review 2024: Gearing up for tomorrow

In 2024, the euro area saw modest economic growth driven by external demand but sluggish consumer spending and hesitant investment.
EU exports dropped, but trade surpluses increased.
The textile industry faced a crisis with oversupply and declining demand.
France, Germany, Italy, and Spain each faced unique challenges in textiles and machinery, with sustainability efforts gaining momentum.Read More

02.01.2025Comments Off,
Turkish Economic Confidence Index rises to 98.8 in December

The Turkish Economic Confidence Index rose by 1.8 per cent in December to 98.8, with the Consumer Confidence Index increasing by 1.9 per cent to 81.3.
While the Real Sector Confidence Index fell by 0.7 per cent to 102.7, the Services Index grew by 2.4 per cent to 113.6.
Retail Trade and Construction Confidence Indices also increased, reaching 113.0 and 89.4, respectively.Read More

02.01.2025Comments Off,