The number of foreign visitors arriving in Turkey dropped 21.35 percent to 1.35 million in November, the Tourism Ministry said on Thursday. November posted the smallest percentage fall in eight months as Turkey’s tourism industry struggles amid political and security concerns.
The number of foreign people visiting Turkey declined to 22.7 million in the first 10 months of 2016, a 31 percent drop compared to the same period of 2015, after the nation has been hammered by a spate of bombings blamed on Islamic State and Kurdish militants and by a diplomatic standoff with Russia which erupted more than a year ago.
The latest data has showed the number of Russians visiting Turkey has showed some recovery after bilateral ties between the two countries started to normalize. Tourism adds about $30 billion to gross domestic product (GDP) each year, and is likely to remain a drag.


BoE Set to Cut Rates as UK Inflation Slows, but Further Easing Likely Limited
EU Delays Mercosur Free Trade Agreement Signing Amid Ukraine War Funding Talks
Oil Prices Steady in Asia but Headed for Weekly Loss on Supply Glut Concerns
Kevin Hassett Says Inflation Is Below Target, Backs Trump’s Call for Rate Cuts
Japan Inflation Holds Firm in November as BOJ Nears Key Rate Hike Decision
Precious Metals Rally as Silver and Platinum Outperform on Rate Cut Bets
Japan Exports to U.S. Rebound in November as Tariff Impact Eases, Boosting BOJ Rate Hike Expectations
Asian Markets Rebound as Tech Rally Lifts Wall Street, Investors Brace for BOJ Rate Hike
New Zealand Business Confidence Hits 30-Year High as Economic Outlook Improves
BOJ Poised for Historic Rate Hike as Japan Signals Shift Toward Monetary Normalization 



