Turkey is rapidly approaching an economic bottleneck because it has not done what it needed to do, especially in the last few years.
Inflation rates made a surprise in December and were below the annual inflation expectations. The market expectation was for a slight price increase, but the figures announced the other day showed that consumer prices had dropped 0.44 percent in December.
There are too many uncertainties and fragilities in both the global and national economy. It’s not just economic reasons but political developments as well that are set to contribute to increasing fragilities.
The Central Bank is not expected to change the interest rates in today’s last annual Monetary Policy Committee (PPK) meeting.
The unemployment rate in Turkey is continuing to rise. The figure was 10.5 percent in September, the highest level since the global financial crisis.
The positive atmosphere created by the low course of world oil prices did not last long. Following positive data about the U.S. economy, the possibility of the Fed moving forward interest rate increases has shattered the optimism brought by oil prices.
Export figures for the first time in a long time dropped in November. If it continues for a couple of months, it can create serious problems
We have been talking more than usual about Turkey’s energy policies and prices over the last few days.
The slowing in growth rates has started showing its effects on all other economic equilibriums, with both the negative and positive effects of the slowdown on equilibriums gradually increasing.
