Turkey’s falling exports expose the dark side of ECB QE
Daniel Dombey
Turkey’s exports are down – not exactly the most welcome piece of news as the country casts around for a new economic model to take over from its largely debt-fuelled growth of the last half-decade. A single month’s worth of data does not a trend make, particularly when the figures concerned come from an industry body rather than the official statistics institute (which takes about a month to compile its own tally).
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