The Turkish lira has been fairly steady following last Sunday’s local elections, but there are a number of potential flashpoints that could cause it to come under pressure again in the coming weeks. Elsewhere, strong February retail sales data from Hungary and Romania, released this week, suggest that the worsening external environment has yet to filter through into a slowdown in domestic demand. If this continues, however, economic imbalances are likely to mount.
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