Turkey: Government delivers sharp hikes in special consumption tax on fuels

  • Lump-sum OTV on gasoline, diesel and auto gas raised by 54%, 78% and 189% respectively
  • Government seemingly sacrifices inflationary effect for sake of budget
  • Fuels have total 3.8% weight in CPI basket

Most Viewed See latest

This publication is being distributed by Tellimer solely for information purposes irrespective of a particular user's means, financial situation or investment objectives. The information does not con...

Full Tellimer disclaimers