Turkey | Inflation eased on core prices
Published on Tuesday, March 5, 2019
Turkey | Inflation eased on core prices
Summary
Consumer prices rose by 0.16% in February lower than the consensus but higher than our estimate (0.4% vs. -0.3%). Thus, annual consumer inflation slowed down to 19.7% from 20.4% in January. We expect the inflation stay near 20% till June and end the year at 14.5% on favorable base effects, deeper negative output gap and stabilized currency.
Geographies
- Geography Tags
- Türkiye
Topics
- Topic Tags
- Macroeconomic Analysis
Tags
- Tags
- Inflation
Authors
Adem Ileri
BBVA Research - Principal Economist
Serkan Kocabas
Seda Guler Mert
BBVA Research - Chief Economist
Alvaro Ortiz
BBVA Research - Head of Analysis with Big Data