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Turkey’s inflation to fall to single-digit level in Sept-Oct 2019

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

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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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