Market Participants’ inflation expectations increased slightly

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Lerato Khumalo

In the Market Participants Survey announced by the Central Bank of the Republic of Turkey, it was seen that year-end inflation expectations increased slightly. The expected inflation at the end of this month was 2.11 percent.

While participants’ current year-end consumer inflation (CPI) expectation was 29.61 percent in the previous survey period, it became 29.63 percent in this survey period. While the 12-month CPI expectation was 23.70 percent in the previous survey period, it became 23.89 percent in this survey period. While the 24-month CPI expectation was 18.32 percent in the previous survey period, it was 17.94 percent in this survey period.

Participants’ year-end dollar/TL expectation was 51.55 TL.