Skip to main content

Putin’s fiscal gift, lira fall, Polish inflation, Israel launch

President Putin’s state of the nation address this week outlined more social welfare measures ahead of elections in September, but the implications for growth and inflation will be limited. Meanwhile, this week’s sharp drop in the Turkish lira deals a blow to the central bank’s hopes of starting an easing cycle soon. Data out of Poland add to a growing list of indicators suggesting that price pressures are building and we expect inflation to stay above the central bank’s target. Finally, in case you missed it, we launched our coverage of Israel’s economy.

Become a client to read more

This is premium content that requires an active Capital Economics subscription to view.

Already have an account?

You may already have access to this premium content as part of a paid subscription.

Sign in to read the content in full or get details of how you can access it

Register for free

Sign up for a free account to gain:

  • Unlock additional content
  • Register for Capital Economics events
  • Receive email updates and economist-curated newsletters
  • Request a free trial of our services


Get access