Rate-ifying Expectations

Economy Issue #48

Welcome back! As economic boycotts continue throughout the country, we’re excited to see students making the most of their time, as seen in this swap market in Eskişehir or this water cannon cake at a university in İstanbul.

Creative acts of protest are multiplying after Turkey saw a 55 percent increase in PlayStation Plus subscription prices. Correlation or causation?

In this week’s edition:

1. In surprise move, MPC raises rates

2. Tariffs, deficit and inflation raise concerns

3. Late frost hits agriculture sector

4. FDI: Cash flow monitor

5. This week’s stat round-up

Turkey’s Central Bank headquarters in Ankara © Diego Cupolo

Rating on bated breath: In surprise move, MPC raises rates