Turkey: Food Prices Lowered the Headline
Published on Monday, December 5, 2016
Turkey: Food Prices Lowered the Headline
Summary
Consumer prices rose less than expected (0.52% vs 0.80%) in November driving the headline inflation to moderate from 7.2% to 7.0%. Monthly contraction in food prices was the main driver behind the lower than expected headline figure.
Geographies
- Geography Tags
- Türkiye
Topics
- Topic Tags
- Macroeconomic Analysis
Tags
- Tags
- Inflation
Authors
Ugur Kucuk
Seda Guler Mert
BBVA Research - Chief Economist
Asuman Kemiksiz
Gizem Onen