The Central Bank of the Republic of Turkey (CBRT), today published “Inflation Expectations and Credit Behavior: Micro findings related to Turkey” analysis of the higher inflation expectation at the level of higher mounted TL loans, he wrote.
In the analysis, the demand for TL loan, which emerged as a result of deterioration in inflation expectations, increased the cost of credit financing and led to short -term loans.
The analysis of the CBRT is as follows;
“The management of inflation expectations of economic units, especially in terms of achieving optimal policy results in developing countries. In this context, in this context, the results of the changes in the inflation expectations of real sector firms, product pricing, employee wages, employment and investment correctly analyzing the impacts on the decisions such as the correct analysis required for.
On the other hand, the current academic literature does not reveal much information about the financial consequences of the current perceptions of firms about inflation in the future. In this study, the relationship between economic orientation survey for the 2011-2024 period in Türkiye is combined and the relationship between the expectations of inflation and credit behavior. Basic Analysis Increases in Inflation Expectations at the firm level higher
It reveals that it is related to the use of Montanlı credit.
In addition, it is observed that this trend reduces the use of YP loan, especially in the next part of the sample period. Other analyzes within the scope of the study indicate that the TL loan request, which emerged as a result of the deterioration in inflation expectations, is related to the high credit financing cost and short loan maturity.
In general, the results in this study through the management of the expectations of economic units, to ensure price stability, to control the excessive movements in loan growth in local currency, to reduce credit costs and credit mats
It reveals that there is a mechanism that supports financial stability through increasing. “
