Turkey | Slightly higher than expected inflation
Published on Monday, March 5, 2018 | Updated on Tuesday, March 6, 2018
Turkey | Slightly higher than expected inflation
Summary
Consumer prices increased by 0.73% (mom) in February, higher than both our and market expectation (0.6% and 0.5%, respectively). Along with base effects, the overall impact helped annual CPI to fall to only 10.26% from 10.35%. The headline may exercise between 9.5-10% till June and worsen further during summer before falling to around 9% on base effects at the end of 2018.
Geographies
- Geography Tags
- Türkiye
Topics
- Topic Tags
- Macroeconomic Analysis
Tags
- Tags
- Türkiye inflation
Authors
Seda Guler Mert
BBVA Research - Chief Economist
Serkan Kocabas
Adem Ileri
BBVA Research - Principal Economist