{"id":2466,"date":"2010-02-03T18:25:58","date_gmt":"2010-02-03T16:25:58","guid":{"rendered":"http:\/\/www.turizmtatilseyahat.com\/en\/?p=2466"},"modified":"2024-03-07T15:09:43","modified_gmt":"2024-03-07T15:09:43","slug":"turkish-markets-rise-as-inflation-signals-growth","status":"publish","type":"post","link":"https:\/\/www.turizmtatilseyahat.com\/en\/turkish-markets-rise-as-inflation-signals-growth\/","title":{"rendered":"Turkish markets rise as inflation signals growth"},"content":{"rendered":"<p><strong><a href=\"http:\/\/www.turizmtatilseyahat.com\/en\/wp-content\/uploads\/2010\/02\/turkey-tourism.jpg\"><img decoding=\"async\" class=\"alignleft size-thumbnail wp-image-2467\" title=\"Turkish markets rise as inflation signals growth\" src=\"http:\/\/www.turizmtatilseyahat.com\/en\/wp-content\/uploads\/2010\/02\/turkey-tourism-280x220.jpg\" alt=\"Turkish markets rise as inflation signals growth\" width=\"280\" height=\"220\" \/><\/a>Turkish stocks and bonds firmed on Wednesday after inflation last month rose slightly more than expected.<\/strong><\/p>\n<p>Consumer prices rose 1.85 percent month-on-month in January for an annual increase of 6.3 percent, the Turkish Statistics Institute said. A Reuters poll had forecast a 1.8 percent rise.<\/p>\n<p>&#8216;Inflation had an impact but it&#8217;s not bad news. It&#8217;s a sign of growth,&#8217; said Emre Balkeser, trader at Finans Invest. &#8216;I don&#8217;t see a problem, and a lot of investors have priced in inflation for the first half of the year.&#8217;<\/p>\n<p>Turkey&#8217;s gross domestic product shrank 10.5 percent in the first half of the year and 3.3 percent in the third quarter. The government has said it expects 2009 output to fall 6 percent.<\/p>\n<p>The central bank slashed the benchmark interest rate by a total 10.25 percentage points in the 13 months to November to stimulate growth, and the government now sees the economy expanding 3.5 percent in 2010.<\/p>\n<p>The busiest Nov. 16, 2011, bond yield fell to 8.92 percent from a previous close of 9.06 percent.<\/p>\n<p>The benchmark ISE National 100 rose 0.23 percent to 55,272.74 at 0843 GMT.<\/p>\n<p>&#8216;The top now is 56,000. When we get close, the market sees some selling. We had a pretty decent run in the last few months and Turkey is among the better performers,&#8217; Balkeser said.<\/p>\n<p>The Istanbul index has climbed 22 percent since December.<\/p>\n<!-- Either there are no banners, they are disabled or none qualified for this location! -->\n","protected":false},"excerpt":{"rendered":"<p>Turkish stocks and bonds firmed on Wednesday after inflation last month rose slightly more than expected.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_override_counter":[],"jnews_post_split":[],"footnotes":""},"categories":[7867,7],"tags":[7875,7883],"class_list":["post-2466","post","type-post","status-publish","format-standard","hentry","category-turkey","category-tourism","tag-istanbul","tag-turkey"],"_links":{"self":[{"href":"https:\/\/www.turizmtatilseyahat.com\/en\/wp-json\/wp\/v2\/posts\/2466","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.turizmtatilseyahat.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.turizmtatilseyahat.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.turizmtatilseyahat.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.turizmtatilseyahat.com\/en\/wp-json\/wp\/v2\/comments?post=2466"}],"version-history":[{"count":1,"href":"https:\/\/www.turizmtatilseyahat.com\/en\/wp-json\/wp\/v2\/posts\/2466\/revisions"}],"predecessor-version":[{"id":9607,"href":"https:\/\/www.turizmtatilseyahat.com\/en\/wp-json\/wp\/v2\/posts\/2466\/revisions\/9607"}],"wp:attachment":[{"href":"https:\/\/www.turizmtatilseyahat.com\/en\/wp-json\/wp\/v2\/media?parent=2466"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.turizmtatilseyahat.com\/en\/wp-json\/wp\/v2\/categories?post=2466"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.turizmtatilseyahat.com\/en\/wp-json\/wp\/v2\/tags?post=2466"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}