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“Industrial Production Remains Strong, but Profitability Is Eroding”
Summary by Bazaar Times
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“Industrial Production Remains Strong, but Profitability Is Eroding”
Gürok Group Vice Chair Esin Güral Argat shared her assessments on the industrial sector, tourism, and export markets, noting that Turkey has fallen behind other countries in its fight against inflation — a trend affecting both domestic demand and exports. Güral Argat emphasized that soaring costs in Turkey, combined with an exchange rate that lags behind inflation, are weakening the country’s competitive advantage abroad. She added that shrinkin…
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