A Kick In The Tar-gut

Economy Issue # 38

Welcome back. We’re opening this week with buy the numbers, focusing on the Feb. 6, 2023 earthquake as we remember the more than 53,000 lives lost. We hope next year’s anniversary analysis will tell a different story – one of meaningful progress in Turkey’s earthquake preparedness and safety measures.

• 39: The number of public officials under investigation for the Feb. 6 earthquakes

• 75: The official number of people who went missing in the quake as of November 2024

• 70,000: The number of people still living in container homes in Adıyaman

• 9 million: The number of structures under threat in İstanbul

• 51.1b liras: The Transportation and Infrastructure Ministry’s claimed quake zone spending (For reference: İstanbul’s 2023 GDP was 8.06 trillion liras)

In this week’s edition:

1. Monthly CPI challenges inflation target

2. Outlooks, predictions follow rate cut

3. FDI: Cash flow monitor

4. This week’s stat round-up

Inflation rose by 5.03 percent MoM in January. © Diego Cupolo

Trust your tar-gut: Monthly CPI challenges inflation target