Browsing: FX Pass Through

Macro View
0
February Inflation: Simply Backtracking

Having lived up to all the hype, Turkey’s February headline inflation printed a double-digit figure. Moreover, further upside movement should be expected as core indicators, the negative base effect of food prices, and most importantly, producer price index that is hanging around its record highs…

Macro View
2
Inflation Risk Rises As Lira Falters

There is substantial uncertainty stemming from several factors pressuring the core indicators, both to the upside and downside. On one hand, we have slowing economic activity with faster than expected rise in unemployment is easing inflationary pressures. On the other hand, TRY depreciating trend which…