The 68th issue of the Weekly Economic Bulletin, prepared by the Economic Research Unit of the Department of Economics at Ibn Haldun University, has been released. This issue focuses on housing market trends, inflation expectations, reserve developments, and global economic indicators.
According to the highlights, in Türkiye, the House Price Index (HPI) increased by 2% month-on-month in March, rising 26.4% annually in nominal terms, while declining by 3.4% in real terms.
According to the Central Bank of the Republic of Türkiye (CBRT) Market Participants Survey, the 12-month-ahead inflation expectation increased from 22.17% to 23.39% in April.
CBRT data shows that in the week of April 10, gross reserves increased by $9.3 billion to $170.9 billion, while net reserves rose by $10 billion to $55.6 billion. During the same period, net reserves excluding swaps recovered for the first time in the post-conflict period, rising by $12 billion to exceed $30 billion.
In the United States, industrial production decreased by 0.5% in March, falling short of market expectations. In February, production had increased by 0.7%.
In the Euro Area, annual inflation was revised upward from 2.5% to 2.6% in March, while monthly inflation was revised from 1.2% to 1.3%. Core inflation stood at 2.3%, and services inflation at 3.2%.
**European Commission President Ursula von der Leyen noted that developments in the Middle East have increased energy costs, stating that the fossil fuel import bill has risen by over €22 billion since the beginning of the conflict.
China’s economy grew by 5% year-on-year in the first quarter, exceeding expectations.
On Friday, spot gold traded at around $4,786 per ounce, while gram gold was priced at approximately ₺6,901.
You can access the full version of the bulletin via the link below.
Published weekly, the Economic Bulletin serves as a news source for academics and students in economics and related disciplines.
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