Turkey: Inflation path deteriorates further
Published on Monday, December 4, 2017
Turkey: Inflation path deteriorates further
Summary
Annual consumer inflation hit 13% mostly due to the sizable pick-up in food inflation and also the jump in both energy and core prices in November. Recent events and rigidity in core prices signal that the range of the CBRT’s expected medium term disinflation path may not to be materialized, thus, monetary policy should be adjusted accordingly.
Geographies
- Geography Tags
- Türkiye
Topics
- Topic Tags
- Macroeconomic Analysis
Authors
Asuman Kemiksiz
Seda Guler Mert
BBVA Research - Chief Economist
Serkan Kocabas
Documents and files
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