Turkey | Sticky Inflation
Published on Wednesday, April 4, 2018 | Updated on Wednesday, April 4, 2018
Turkey | Sticky Inflation
Summary
Consumer inflation recorded 0.99% (mom) in March, in line with the market expectation (1%) but higher than ours (0.75%) on the discrepancy due to surprising food inflation.Recent exchange rate depreciation, upward risks on growth and high inertia (backward and forward looking) obviously create upside risks for our year end 9% forecast.
Geographies
- Geography Tags
- Türkiye
Topics
- Topic Tags
- Macroeconomic Analysis
Tags
Authors
Seda Guler Mert
BBVA Research - Principal Economist
Adem Ileri
BBVA Research - Senior Economist
Serkan Kocabas
Documents and files
Warning: Invalid argument supplied for foreach() in /var/www/html/wp-content/themes/bbvaresearch/single.php on line 834