Turkey | Upside surprise from core prices
Published on Tuesday, September 4, 2018
Turkey | Upside surprise from core prices
Summary
Consumer prices increased 2.3% (mom) in August slightly higher than our estimate and market consensus (2.0% vs. 2.2%), leading the annual figure to rise to 17.90% from 15.85% in July. Annual core inflation accelerated to 17.2% in August from 15.1% on top of strengthening exchange rate pass-thru and climbing cost-push factors.
Geographies
- Geography Tags
- Türkiye
Topics
- Topic Tags
- Macroeconomic Analysis
Tags
Authors
Adem Ileri
BBVA Research - Senior Economist
Serkan Kocabas
Seda Guler Mert
BBVA Research - Principal Economist
Alvaro Ortiz
BBVA Research - Head of Analysis with Big Data
Documents and files
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