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December 13, 2010 -

The Turkish Newsletter July 20th, 2010

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During the last two weeks, the Turkish economy was highlighted by the following items:

  • CPI index stood flat m/m in Nov10, bringing down the annual inflation rate to 7.3%.
  • Foreign Trade deficit widened by US$6.3bn in Oct10, up by 136% on y/y terms.
  • Fitch changed the outlook on Turkey’s local & foreign currency Gov’t bond ratings to “positive” from “stable”.

The Turkish Newsletter July 20th, 2010 (111 ko)