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Turkiye’s Household Inflation Expectations Rise to 59.9% Despite Improved Forecasts from Real Sector and Markets
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Turkiye’s Household Inflation Expectations Rise to 59.9% Despite Improved Forecasts from Real Sector and Markets
Inflation expectations for the next 12 months have risen to 59.9% among Turkish households, even as forecasts from market participants and the real sector show signs of improvement, the Turkish central bank reported on Friday. The data shows a 0.6 percentage point increase in household inflation forecasts compared to April, contrasting with a 0.5 point drop among market participants, whose expectations fell to 25.1%. The real sector also reporte…
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