The surprising outcome of the primary elections left an open end to the October voting and heightened uncertainty, increasing volatility and further worsening expectations for the coming year. We maintain our scenario of recession and high inflation for 2023 and 2024.
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Türkiye’s food security outlook has shown comparatively lower progress with risk factors pointing to multifaceted issues involving food inflation, agricultural imports, natural resources and policy choices. Our analysis assesses all of these risk factors, drawing policy suggestions for improving food security of Türkiye.