According to official data, CPI inflation in Turkey ped to 18.7% year-on-year for May 19.5% a month before that and it is expected to continue its de
According to official data, CPI inflation in Turkey ped to 18.7% year-on-year for May 19.5% a month before that and it is expected to continue its decline in the next couple of months.
The Central Bank of Turkey (CBT) expects the country’s inflation to reach 14.6% at the end of this year while markets projected end-year inflation at 16.7%, CEEMarketWatch added.
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