Turkey’s 12% Inflation, U.S. Jobs +200k, China PMI 50.5 – Weekly Economic Pulse

Turkey’s inflation hovering around 12 %, U.S. employment adding 200 000 jobs, and China’s manufacturing PMI rising to 50.5 this week are reshaping global market dynamics.

Turkey’s Inflation Wave: 12 % Tightening

■Consumer prices increased by 12 % year‑on‑year.

■The Central Bank’s 18 % policy rate keeps inflation in check.

■Credit tightening for SMEs dampens consumer spending.

U.S. Jobs: 200 000 New Additions

■Unemployment fell to 3.8 %.

■200 000 jobs created, with tech and healthcare leading.

■Interest rates held at 1.5 %, Fed’s gradual easing continues.

China’s Production Signals: PMI at 50.5

■Manufacturing PMI measured at 50.5, indicating expansion.

■Exports rose 4 %, boosting domestic demand expectations.

■Fiscal policy nudges consumer credit.

Market Impacts: Forex, Bonds, Credit

■The Turkish Lira weakens slightly against the USD.

■U.S. bonds offer 2.3 % annual yield.

■Low‑rate environment affects bank profitability.

Markets are balancing Turkey’s high inflation and the U.S.’s job gains. China’s PMI uptick strengthens global demand signals, but tightening local credit could blunt the positive effect. SME credit tightening may dampen long‑term growth expectations, while monetary policy delivers short‑term stability.