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Turkey in Deep Trouble - Joe Blogs
In this video I discuss the current state of the Economy in Turkey. The Turkish Lira has fallen by more than 22% over the past 12 months and is now trading at an all time low despite inflation having fallen over the same period. I discuss the reasons why the Lira is continuing to fall and the impact of the latest data on the Turkish Economy.
Chapters:
0:00 Intro
0:49 INFLATION
4:32 INTEREST RATES
6:26 LIRA
8:00 FOOD INFLATION
9:22 PRODUCER PRICES
12:55 SUMMARY & CONCLUSION