Published on Tuesday, January 3, 2017
Turkey: Inflation Surged on Food and Energy
Summary
Consumer prices rose by 1.6% in December, significantly higher than the market consensus of 0.9%. Annual headline inflation surged to 8.5% from 7.0% in November. The surprise factor was the sizable jump in food inflation, while increases in alcohol&tobacco, energy and core prices were expected.
Geographies
- Geography Tags
- Türkiye
Topics
- Topic Tags
- Macroeconomic Analysis
Tags
- Tags
- Inflation
Documents and files
Authors
UK
Ugur Kucuk
SG
Seda Guler Mert
BBVA Research - Principal Economist
AK
Asuman Kemiksiz
GO
Gizem Onen