The major targets of emerging economies include reducing inflation rate and recording a stabile and sustainable growth.
The textile sector, which had a successful year in 2013, has great hopes for the current year, too. But the problems Turkey has been going through in recent times and the conflicts that risk the stabile growth Turkey has recorded in the last decade bother the producers. The business world evaluates increasing interest rate while the capacity usage, industrial production and increase in exports are continuing. They are, in fact, cautious about the negative affect of the problems over the growth and employment. Exporters were squeezed in between financial cost increase and pressure over the currency rates. On the other hand, tough time is approaching for manufacturer SMEs because their interest cost will increase considerably. Nobody in the sector can say that any development that will have an effect on stability of economy will not be of interest to the industrialists. We should still remember that despite the problems we have been going through the Turkish textile industry still yields foreign trade surplus.
