๐น๐ท Oil Price Shock Impact on Turkey
Modeled estimates of how a sudden oil price increase (to $128/barrel, realistic sensitivity) would affect different sectors of Turkey's economy.
Sectors
- โ๏ธ Travel & Tourism โ estimated +16.8% to +30.7%
- ๐ Transportation โ estimated +22.4% to +40.3%
- ๐ Food & Groceries โ estimated +8.4% to +20.5%
- โก Energy โ estimated +27.9% to +43.9%
- ๐๏ธ Construction โ estimated +11.2% to +23.9%
- ๐ General Cost of Living โ estimated +14% to +27.3%