Turkey: Core Prices Lowered Headline Inflation
Published on Thursday, November 3, 2016
Turkey: Core Prices Lowered Headline Inflation
Summary
Consumer prices rose below consensus (1.44% vs 1.62%) in October, bringing down the annual headline inflation to 7.2% from 7.3%. Sizable fall in core inflation more than compensated the small upward correction in food prices and resulted in a slight fall in the headline figure.
Topics
- Topic Tags
- Macroeconomic Analysis
Tags
- Tags
- Inflation
- consumer prices
Authors
Seda Guler Mert
BBVA Research - Chief Economist
Asuman Kemiksiz
Ugur Kucuk
Gizem Onen