The new monetary policy which has brought the Turkish Lira up to competitive levels has worked to the advantage of exporters. Exporters knocked down prices and have begun selling more products. Meanwhile, with the high exchange rate, there has been a drop in quantity of imports. According to figures released by the Turkish Statistics Institute (TÜİK), prices dropped by approximately 1.6 percent in the first quarter compared to figures from the same period the year prior. Quantity-wise there was a 14.4 percent increase. Despite the 1.5 percent increase in price of imports, there was a drop in quantity. Compared to last year, the quantity of imports decreased by 2.1 percent in the first three months of the year.
AN INCREASE IN THE MANUFACTURING INDUSTRY
The fishing industry saw the most significant price decrease in exports in the first three months of the year. According to the index, the fishing industry dropped by 4.7 percent, mining and quarrying dropped by 1.3 and the manufacturing industry saw a drop of 1.6 percent in import figures from the first three months of the year. Agriculture and forestry on the other hand, increased by 2.1 percent. It is this drop in prices that resulted in increasing the quantity of exports. The highest increase in sales was seen in the manufacturing industry. The amount of exports in the manufacturing sector soared to 15.3 percent. The fishing industry saw a 0.8 percent increase, while the mining and quarrying industry experienced a 4.6 percent increase. Meanwhile, agriculture and forestry saw a 3.5 percent decrease in export quantity.
DECREASED IMPORTS IN ARICULTURE
The highest drop in import quantity took place in the agriculture and forestry sector. According to the import quantity index, agriculture and forestry dropped by 19.4 percent and the manufacturing industry dropped by 4.3 percent. Meanwhile, imports in the mining and quarrying industry increased by 7.2 percent. As for the imports unit value index, figures compared to the same period last year showed a decrease by 11.3 percent in agriculture and forestry and by 1.2 percent in the manufacturing industry, while mining increased by 19 percent.
FOREIGN SALES SOAR IN MARCH
Export prices in March regressed by 3.3 percent compared to figures from the same period the year prior, while the quantity of exports saw an increase by 16 percent. Meanwhile the import unit index increased by 0.1 percent, the quantity index decreased by five percent. The deseasonalized export quantity index increased by 16 percent, while the import quantity index dropped by 3.1 percent.
ONE KILO OF EXPORTS EQUALS 1.46 DOLLARS
Economy Minister Zafer Çağlayan announced that 90 million tons of exports were conducted last year, with each kilo on average coming to 1.46 dollars in value. Çağlayan went on to state, "In Germany, this figure is 4.1 dollars, in Japan it is 3.5 dollars. If we had brand and advanced technology sales, our exports would reach 350 billion dollars."
Turkish Airlines won the Skytrax award for Europe's Best Airline for a third time and was also given two other awards.
English investors have not paid heed to the coverage in the international media painting a negative portrait of Turkey during the Gezi Park protests and continue to keep the country on its radar for investments. 
Turkey has become the fastest growing nation for luxurious automobile brands. While luxurious brands experienced seven percent growth globally in the first five months of the year, in Turkey the rate of growth has reached the 100 percentile level. 
While the English press continues to cover the Gezi Park protests to Turkey’s detriment, the British Prime Minister has praised Turkey’s ‘stability.’ David Cameron says “we admire your economy.”
With the Central Bank’s deferred interest rate cut resulting in revitalizing domestic demand, Turkey’s economy experienced three percent growth in the first quarter of the year, sealing 14 quarters of continuous growth. 
The Capital Markets Board has initiated an investigation into exits from the stock exchange by speculators, in a move which followed Erdoğan’s acknowledgement of attempts by the interest rate lobby to instigate a drop in the stock exchange. Should the Capitals Market Board establish a connection between financial exists and speculators sanctions may be enforced.
Çalık Holding has released a statement refuting claims made in reports by CNBC attempting to associate the group with redevelopment plans for Taksim’s Gezi Park.
Saudi Arabian businessman Ehsaan Fareed Abduljawad has purchased two towers in the Ağaoğlu Maslak 1453 project for 200 million dollars. “We trust in Turkey’s economy,” said the billionaire. 
The speculative attack on the markets came to a halt following Prime Minister Erdoğan’s statement directed at the interest-rates lobby, “We will not let you consume the great efforts of our nation.” The dollar has since dropped and the stock exchange is back on a rising trend. 
During the past five days there has been a polemic concerning the boycott of the Moroccan Business Confederation (CGEM) of a meeting between Turkish and Moroccan businessmen which took place during Erdoğan’s trip to Morocco on June 3rd. While the decision had nothing to do with the on-going protests in Istanbul and other cities, the real reason is proving to be an internal conflict between the CGEM and the Moroccan government.
The ‘economic’ demands set forth by the Taksim Platform, which spoke on behalf of the Gezi Park protesters in a meeting with Deputy Prime Minister Arınç on Wednesday, have resulted in a number of question marks. The main question being, why are they opposed to projects worth 120 billion such as the third bridge and airport, hydroelectric power plants and Canal Istanbul?
Tosyalı Holding opened a 750 million dollar steel-iron factory in Algeria in a ceremony attended by Prime Minister Recep Tayyip Erdoğan. Expected to rake in an annual one billion dollar revenue, the facility will also provide one thousand jobs.
The Occupy Wall Street movement did not pose a significant financial burden in the United States, whereas the financial burden brought on in Turkey from the Gezi Park protests is exponential. 
It will now be required to place health warnings on the glass portions of water pipes, regularly referred to as ‘nargile’ in Turkey.
