Turkey's C.Bank lowers estimate of year-end inflation rate

Turkey's Central Bank said that it expected the year-end inflation rate to stand at 8.06 percent, down from 8.17 percent.

Turkey's C.Bank lowers estimate of year-end inflation rate

Turkey's Central Bank said that it expected the year-end inflation rate to stand at 8.06 percent, down from 8.17 percent.

In its second survey of expectations for March 2010, the Central Bank said the account deficit would rise to 24.2 billion USD from 23.3 billion USD.

The bank's expectation for the year-end growth in GDP for the next year remained the same as 4.4 percent.

The Central Bank estimated the year-end exchange rate projection for the U.S. dollars as 1.5636 up from 1.5590 Turkish lira.

The aim of the survey is to find out the expectations of experts and decision makers from the financial and real sectors and professionals, pertaining to consumer price (CPI) inflation, interest rates, exchange rate, current account balance and GNP growth rate.

The Survey is conducted twice a month, in the first and third weeks of every month.


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Güncelleme Tarihi: 23 Mart 2010, 10:49

SeydiAli

YORUM EKLE