Turkey | Inflation declines again in December
Published on Thursday, January 3, 2019 | Updated on Tuesday, January 8, 2019
Turkey | Inflation declines again in December
Summary
Consumer prices fell by -0.4% in December, leading the annual figure to further ease to 20.3% from 21.6% in November. Considering the recent price regulations, risks are balanced on our year-end inflation expectation of 16%. Though, the path for output gap, oil prices and currency volatility will be the determinant factors on inflation.
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- Türkiye
Topics
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- Macroeconomic Analysis
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Authors
Seda Guler Mert
BBVA Research - Chief Economist
Adem Ileri
BBVA Research - Principal Economist
Alvaro Ortiz
BBVA Research - Head of Analysis with Big Data
Serkan Kocabas