Turkey's C.Bank says year-end inflation forecast as 8.60 pc

The year-end inflation was forecast as 8.60 percent, according to a survey of the Central Bank of Turkey.

Turkey's C.Bank says year-end inflation forecast as 8.60 pc

The year-end inflation was forecast as 8.60 percent, according to a survey of the Central Bank of Turkey.

The Central Bank made public the results of a second expectation survey in May.

Accordingly, the year-end inflation projections was up to 8.60 percent.

It was 8.57 percent in the previous survey.

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.

For further information, visit http://www.tcmb.gov.tr/ikt-yonelim/beklenti/survey.pdf.


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Last Mod: 21 Mayıs 2010, 17:38
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