Turkey, in the midst of a currency crisis which is quickly becoming a private sector debt crisis, appears headed toward stagflation — high inflation coupled with a contracting economy. The country’s inflation as measured by the Consumer Price Index (CPI) rose 2.05 points in August to nearly 18% — the highest level seen since 2003 […]
Tag: Turkish economic crisis
Posted inMiddle East, Russia, Turkey, World
No contagion here
Posted inChina, Middle East, Russia, Turkey, World
There is no contagion from Turkey
Posted inAT Finance, China, Indonesia, Middle East, Philippines, Turkey, World
