Published on Tuesday, July 3, 2018 | Updated on Wednesday, July 4, 2018
Turkey | June inflation reaches a worrying 15.4%
Summary
Consumer prices increased 2.61% (mom) in June, remarkably higher than expectations. Thus, annual consumer inflation hit 15.4%, the highest level since December 2003, up from 12.2% in May. Assuming no additional negative currency shock, we estimate the year-end inflation to be around 13.5%.
Geographies
- Geography Tags
- Türkiye
Topics
- Topic Tags
- Macroeconomic Analysis
Tags
Documents and files
Authors
SG
Seda Guler Mert
BBVA Research - Principal Economist
AI
Adem Ileri
BBVA Research - Senior Economist
SK
Serkan Kocabas
�O
Álvaro Ortiz
BBVA Research - Head of Analysis with Big Data