Turkey | Inflation in line with expectations
Published on Tuesday, April 9, 2019
Turkey | Inflation in line with expectations
Summary
Consumer prices increased by 1.03% in March in line with expectations (1%, Consensus & BBVA Research), resulting in a steady annual inflation at 19.7%. Assuming no additional shock, we still expect consumer inflation to stay between 19-20% till June, when favorable base effects will start to weigh and end the year at 14.5%.
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