Turkey: Inflation Breached Double Digits
Published on Friday, March 3, 2017 | Updated on Monday, September 11, 2017
Turkey: Inflation Breached Double Digits
Summary
Annual consumer prices inflation breached double digits for the first time since March 2012 and rose to 10.1% in February, as monthly inflation came in at 0.8% higher than market consensus and our expectation. Pass-through from exchange rate depreciation and higher energy prices,as well as increasing food inflation were the main drivers behind the continuum of upward trend
Geographies
- Geography Tags
- Türkiye
Topics
- Topic Tags
- Macroeconomic Analysis
Authors
Ugur Kucuk
Seda Guler Mert
BBVA Research - Chief Economist
Asuman Kemiksiz
Gizem Onen