The 88th Issue of the Economic Bulletin Has Been Published

The 88th issue of the Economic Bulletin, prepared on a biweekly basis 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.

In Türkiye, consumer inflation increased by 29.77% year-on-year and 2.58% month-on-month in October. Producer inflation rose by 27.41% year-on-year and 1.65% month-on-month over the same period.

According to data from the Central Bank of the Republic of Türkiye (CBRT), gross reserves declined to USD 158.1 billion in the week ending October 30, down from USD 162.2 billion in the previous week. Net reserves fell from USD 42.3 billion to USD 38 billion, while net reserves excluding swaps declined from USD 30.8 billion to USD 24.3 billion. This marked the lowest level of net reserves excluding swaps in approximately seven months.

Total U.S. household debt increased by USD 334 billion in the third quarter of 2026 compared with the previous quarter, reaching USD 19.1 trillion. Household debt rose by 1.8% during the quarter, while the annual increase amounted to USD 520 billion.

U.S. nonfarm payrolls increased by 165,000 in October, exceeding expectations. Economists surveyed by Bloomberg had forecast an increase of 70,000. The unemployment rate also declined to 4.1%, below the expected rate of 4.2%.

Annual inflation in the Eurozone rose to 4% in October, reaching its highest level since September 2023. With inflation climbing to twice the European Central Bank’s (ECB) 2% target, expectations that the bank could continue raising interest rates strengthened.

Germany’s exports increased by 2% month-on-month in September, reaching EUR 141.1 billion. Market expectations had pointed to a modest 0.5% increase following the 0.4% decline recorded in August. Exports rose by 7.7% year-on-year. Imports increased by 4.2% month-on-month to EUR 125.5 billion, while the annual increase stood at 8.7%. Consequently, Germany’s trade surplus declined from EUR 17.9 billion in August to EUR 15.6 billion in September, compared with EUR 15.5 billion in the same month of the previous year.

In China, imports in October increased by nearly 42% compared with the same period last year. Exports also rose by slightly more than 35%. As a result, the country’s trade surplus declined to USD 105.3 billion, its lowest level since May.

On Thursday, spot gold traded at around USD 3,959 per ounce, while gram gold traded at approximately TRY 6,407.

You can access the full version of the bulletin by clicking the link below.

Published on a biweekly basis, the Economic Bulletin serves as a current news source for academics and students in the fields of economics, political science, public administration, law, international relations, and other related disciplines.

https://econ.ihu.edu.tr/en/economic-bulletin