What Will Inflation Be in 12 Months? The Central Bank's Survey Has Been released...
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4 Articles
The battle against inflation is over, but the Central Bank still has its finger on the trigger. Cost begins to feel in growth, employment and competitiveness.
According to data from the Central Bank of the Republic of Turkey, while the 12-month forward annual inflation expectation declined among market participants in August, it increased in the real sector and households. In a period where the divergence in expectations continues, inflation forecasts for both the real sector and households decreased compared to a year ago.
The results of the August inflation forecast survey have been released. Here are the market's latest inflation predictions...
According to CBRT data, the 12-month annual inflation expectation fell to 23.69% for market participants, while it increased for the real sector and households. The percentage of households expecting inflation to fall in the next 12 months decreased to 16.85%.
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