The 84th issue of the Weekly Economic Bulletin, prepared by the Economic Research Unit of the Department of Economics at Ibn Haldun University, has been released. In this issue, global and domestic economic developments are analyzed, and up-to-date data on the Turkish, U.S., European, and Asian economies are evaluated.
According to some of the highlights from our bulletin, the FX-protected deposits (KKM), which has been on Türkiye's agenda since 2021, has come to an end. With the termination of the KKM scheme, all accounts have been closed.
According to data from the Association of Financial Institutions in Türkiye, the asset size of the savings financing sector increased by 188% to 501 billion Turkish liras in the second quarter of the year. The number of customers in the sector also exceeded 1.5 million.
Foreign investors purchased $150.2 million worth of Turkish equities in the week of August 21. Equity purchases had amounted to $176 million in the week of August 14. Foreign investors' bond purchases totaled $9 million in the week of August 21, compared with bond sales of $290 million in the previous week.
According to data released by the U.S. Department of Commerce, U.S. goods exports fell 2.9% month-on-month in July, while goods imports increased by 3.7%. The goods trade deficit rose 17.2% from the previous month to $118.8 billion, reaching its highest level since March 2025.
According to Eurostat data, the European Union (EU) imported €701.8 billion worth of goods from countries outside the bloc in the second quarter, while exports to these countries totaled €680 billion. During this period, EU imports increased by 11.7% year-on-year, while exports rose by 4.5%. China was the EU's largest import partner, accounting for €153.6 billion, or 21.9% of total imports. China was followed by the United States with €98.7 billion, the United Kingdom with €43.4 billion, and Switzerland with €36.9 billion. EU imports from Türkiye amounted to €25.5 billion in the second quarter, making Türkiye the EU's fifth-largest import partner. The United States was the EU's largest export destination at €127.7 billion, followed by the United Kingdom with €92.7 billion, Switzerland with €60.5 billion, and China with €50.3 billion. EU exports to Türkiye amounted to €27.3 billion, making Türkiye the EU's fifth-largest export destination.
In Russia, the total amount of grain harvested during the current season reached 100.5 million tons as of August 26, marking a 12.5% increase compared with the same period last year.
On the last trading day of the week, spot gold traded at around $4,579 per ounce, while gram gold stood at approximately ₺7,110.
You can access the full version of the bulletin by clicking the link below.
Published on a weekly basis, the Economic Bulletin serves as a current reference source for academics and students in the fields of economics, political science, public administration, law, international relations, and other related disciplines.
To access the current and previous issues, please visit: https://econ.ihu.edu.tr/en/economic-bulletin
