Turkish Statistics Institute

Services sector was largest employer in 2023

Some 18.2 million people worked in the services sector last year, accounting for 57.6 percent of all employment, data from the Turkish Statistics Institute (TÜİK) have shown. 

Around 6.6 million of those employed in the services sector were women, according to the numbers of the statistics authority released on March 25.

Housing market remains weak, sales plunge 21 percent

The year-on-year decline in home sales deepened in November, with sales falling 20.6 percent from the same month of last year to around 93,500, the numbers from the Turkish Statistics Institute (TÜİK) showed on Dec. 15.

In October, nearly 94,000 residential properties changed hands, pointing to 8.7 percent annual decline.

Consumer morale continues to improve

 

Consumer sentiment improved for a second month in a row in October, after deteriorating between June and August, a survey conducted jointly by the Turkish Statistics Institute (TÜİK) and the Central Bank has shown.

The consumer confidence index, which rose 5.1 percent month-on-month in September, advanced 4.4 percent to 74.6 in October, TÜİK said on Oct. 23.

IFC investment to boost Turkish farmers access to finance

A new targeted investment will help address the critical financing needs of Türkiye's micro, small, and medium enterprises in the agricultural sector, the International Finance Corporation (IFC) has said.

It will help in preserving jobs and aiding economic recovery, with a particular focus on earthquake-impacted areas, the IFC, a member of the World Bank Group, said in a statement.

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