Turkish Statistical Institute

Red meat production up 12 percent

Türkiye's total red meat production increased by 12.3 percent in 2022 from the previous year to 2.2 million tons, the Turkish Statistical Institute (TÜİK) has said.

Cattle meat production was 1.57 million tons, a 7.7 percent rise from 2021, while the increase in sheep meat production was 27 percent to 489,000 tons.

Annual inflation eases for sixth consecutive month

Falling for a sixth consecutive month, Türkiye's annual consumer inflation rate slowed to a 16-month low of 43.68 percent in April, according to official data released yesterday.

April's figure, announced by the Turkish Statistical Institute (TÜİK), was down from 50.51 percent in March.
The inflation rate was 69.97 percent in April 2022.

Exports hit $24 billion in March

Türkiye's exports increased by 4.4 percent in March from a year ago to 23.6 billion, data from the Turkish Statistical Institute (TÜİK) have shown.

Imports rose 3.4 percent on an annual basis to $31.9 billion. Consequently, the country's foreign trade deficit amounted to $8.3 billion, marking a limited 0.9 percent increase compared with March last year.

More than 6 mln tourists visit Türkiye in January-March

Around 6.2 million foreign tourists visited Türkiye in the January-March period, up from 4.9 million foreign arrivals in the first quarter of 2022, the Culture and Tourism Ministry has announced.

In March alone, Türkiye welcomed 2.34 million foreign visitors, which marked a 12.3 percent increase from a year ago.

Confidence in economy improves

The economic confidence index advanced 3.5 percent in April from March, data from the Turkish Statistical Institute (TÜİK) have shown.

The index climbed from 98.8 in March to 102.2 in April, which marked the index's highest level since October 2021.

The index was down 0.2 percent month-on-month in March.

Consumer confidence rises 9 percent

The consumer confidence index has advanced by 9.2 percent on a monthly basis, rising from 80.1 in March to 87.5 in April, the Turkish Statistical Institute (TÜİK) has reported

Any index figure above the 100-mark indicates optimism among consumers.

The headline consumer sentiment index was down 2.9 percent month-on-month in March.