Turkey | Another pick-up in core inflation
Published on Wednesday, January 3, 2018 | Updated on Wednesday, January 10, 2018
Turkey | Another pick-up in core inflation
Summary
Consumer prices increased by 0.69% (mom) in December 2017, higher than median market expectation and BBVA-GB forecast (both 0.5%). We expect the headline to ease towards slightly below 10% by the end of 1Q and stay close to these levels until 4Q before falling to around 9% at the end of the year.
Geographies
- Geography Tags
- Türkiye
Topics
- Topic Tags
- Macroeconomic Analysis
Authors
Seda Guler Mert
BBVA Research - Chief Economist
Serkan Kocabas