- BIST10012,237+0.71%
- USD49.34+0.24%
- EUR55.21-0.01%
- GOLD4,213.00+0.53%
- INTEREST37.00%-1.00
- BITCOIN83,584+2.24%
- October 13, 202618°
- BIST10012,237+0.71%
- USD49.34+0.24%
- EUR55.21-0.01%
- GOLD4,213.00+0.53%
- INTEREST37.00%-1.00
- BITCOIN83,584+2.24%
- October 13, 202618°
July inflation expected at 1.82%, annual CPI forecast to fall to 31.80
According to the AA Finans survey, economists expect monthly inflation to rise by an average of 1.82 percent in July. Annual inflation is forecast to decline from 32.11 percent in June to 31.80 percent.
The AA Finans expectations survey for July inflation data, to be released by the Turkish Statistical Institute (TÜİK) on Monday, August 3, was concluded with the participation of 17 economists.
The average monthly inflation expectation of the economists surveyed for July was calculated at 1.82 percent. Expectations ranged between 1.35 percent and 2.10 percent.
Based on this average, annual inflation, which stood at 32.11 percent in June, is expected to decline to 31.80 percent in July.
Economists' year-end inflation expectation averaged 29.55 percent. The Consumer Price Index (CPI) rose by 0.99 percent on a monthly basis in June.
Expectations and actual figures for previous months
The survey data for this year, broken down by month, is as follows:
- January: Expectation 4.21%, actual 4.84%
- February: Expectation 2.87%, actual 2.96%
- March: Expectation 2.40%, actual 1.94%
- April: Expectation 3.19%, actual 4.18%
- May: Expectation 1.65%, actual 1.71%
- June: Expectation 1.04%, actual 0.99%
Economists' year-end inflation expectations were recorded as 23.73 percent in January, 24.16 percent in February, 25.91 percent in March, 28.16 percent in April, 29.40 percent in May, 29 percent in June, and 29.55 percent in July.
Stay Updated with The Turkiye Times
Subscribe to be informed about special news, developments and announcements. We will keep you informed.
By signing up, you agree to our Privacy Policy
