Welcome back and a happy Ramadan to all who observe. Turkey’s head of religious affairs recommended avocados for sahur, which made some wonder if we had a batch of rejected avocado exports sitting around somewhere. If so, let’s hope they’re better off than these lemons in Dubai.
In our most important data for the issue: Güllaç inflation from 2019 is now higher than CPI. The tasty dessert is projected to bring in over 250b liras in export revenue. Afiyet olsun!
In this week’s edition:
MPC cuts policy rate by 250bps
February CPI below expectations
Detentions continue in business, SE
FDI: Cash flow monitor
This week’s stat round-up
