Morning Note /
Global

Turkey: Lira remains strong

  • July inflation is due out at 10am and we expect a 1.8% m/m increase, carrying annual inflation to 18.95%

  • August inflation could also remain higher than expected because of the massive fires impact in Turkey to food logistics

  • We like Sise Cam's strong results and continue to re-iterate our outperform call

Batuhan Ozsahin
ATA Invest
3 August 2021
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