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Economics Gazette

Economy and Business news

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July 22, 2019

Posts by: Silvia Hristova

Turkish economy

Turkish economy overheats

The Turkish economy overheats and this could be just as much a problem for President Recep Tayyip ErdoŠ³an as for the country’s creditors. The Turkish president needs guarantees that there will be no economic difficulties threatening his chances in the next election. The TRY is bending under the weight of the growing current account deficit

us manufacturing

US production activity slowed down in March

The US production activity slowed down in March with a decline in new orders, but growth in the manufacturing sector remains backed by a strong domestic and global economy. The data show a slight increase in construction costs in February. The figures support economists’ view that economic growth slowed in the first quarter due to

Russian manufacturing

Russian manufacturing activity rose slightly in March

Russian manufacturing activity rose slightly in March, but remained below its long-term average, as growth in new orders and production slowed down. This is clear from the PMI index quoted by Reuters. The Purchasing Managers’ Index (PMI) in the country in March slightly rose to 50.6 points from the reported 50.2 points in February, thus

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