Turkey's Yilmaz confident on inflation targets

Inflation targets set for the next three years are attainable even if food and energy prices continue to rise quickly, said Durmus Yilmaz, the governor of the Central Bank of Turkey.

Speaking at the press conference accompanying the latest inflation report, Yilmaz said that the central bank is confident that inflation will gradually moderate towards its targets of 7.5%, 6.5%, and 5.5 %, , even under quite conservative assumptions on food and energy prices.

He added that potential materialisation

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