Turkish inflation forecasts leap after overshoot

Murat Çetinkaya
Murat Çetinkaya

The Central Bank of the Republic of Turkey has sharply increased its inflation forecasts, as prices have climbed far faster than its projections earlier in the year implied.

Presenting the latest inflation report on July 31, the bank’s governor Murat Çetinkaya said inflation was likely to be 13.4% at the end of 2018, a slight decline on its current level of 15.4%. The previous inflation report, published in April, predicted inflation would drop to 8.4% by the end of the year, a full five

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: