Turkish Statistics Institute

Turkish real estate companies have launched online property sales to foreigners as the coronavirus pandemic prevents potential homebuyers traveling to the country.

The number of registered vehicles on Turkey's roads increased 56.2 percent year-on-year in February 2020, the country's statistics authority revealed on March 30.      

A total of 128,648 first- and second-hand vehicles were registered in the first month of the year, according to the Turkish Statistics Institute (TÜİK).

Turks spend on average some two hours and 48 minutes on social media on a daily basis, while the time they remain glued to the tube is two hours and 44 minutes, according to a study jointly carried out by the Association for Mobile Communication Devices and Information Technologies Businessmen (MOBİSAD) and Istanbul University.

The business confidence index increased from 104.1 in January to 106.9 in February, marking an uninterrupted rise in the confidence for the fifth straight month since September 2019, data from the Central Bank have shown.

The 100-point level on the index separates optimism from pessimism.

The house price index increased by 9.92 percent in December 2019 from the same month of the previous year, data from the Central Bank have shown.

The annual rise in house prices was lower, at 7.2 percent, in November last year.

In real terms, house prices went up by 1.71 percent, the Central Bank said on Feb. 18.

Turkey's industrial production increased by 3.6 percent year-on-year in December 2019, data from the Turkish Statistics Institute (TÜİK) showed on Feb. 13.

In the month, all the three main sub-indices -- mining and quarrying, manufacturing, and the electricity, gas, steam and air conditioning -- rose by 9.8 percent, 9.1 percent and 0.3 percent, respectively.

Revenues generated from property sales increased more than 14 percent in 2019 compared with 2018, according to data from the general directorate of land registry.

Last year a total of 2.33 million properties, including residential units, offices and land plots, changed hands which generated 389 billion Turkish Liras (around $65 billion) in revenues.

The amount of money kept in saving deposit accounts at local banks increased by 25.4 percent from 2018 to stand at 1.45 trillion Turkish Liras (around $241 billion) last year, state-run Anadolu Agency reported, citing data from the Turkish Statistics Institute (TÜİK) and the country's banking sector regulator (BDDK).

Turkey's energy import bill declined by 4.2 percent from 2018 to stand at $41.18 billion in 2019, state-run Anadolu Agency calculated from Turkish Statistics Institute (TÜİK) data.

In 2018, Turkey spent some $43 billion on energy imports.

Turkey's railways' share in the shipment of exported goods is on the rise, data compiled by state-run Anadolu Agency showed.

The value of deliveries made by the country's railway network soared 33 percent in 2019 from the previous year to stand at $967 million.