Published on Tuesday, April 9, 2019

Turkey | Inflation in line with expectations

Summary

Consumer prices increased by 1.03% in March in line with expectations (1%, Consensus & BBVA Research), resulting in a steady annual inflation at 19.7%. Assuming no additional shock, we still expect consumer inflation to stay between 19-20% till June, when favorable base effects will start to weigh and end the year at 14.5%.

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Authors

Adem Ileri BBVA Research - Senior Economist
Serkan Kocabas
Seda Guler Mert BBVA Research - Principal Economist
Álvaro Ortiz BBVA Research - Head of Analysis with Big Data

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0419__Inf_Pulse_

English - April 9, 2019

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