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FinancialNews
30-05-20
Economists project slight fall in Turkey's inflation
(MENAFN)
Anadolu Agency has surveyed a panel of economists on Friday who predicted that the rate of the yearly inflation in Turkey is going to decline to 10.9 percent in May, in comaprison with 10.94 percent in April.
The consumer price index survey that included 18 economists showed an average prediciton of 0.92 percent on monthly basis, having a range between 0.5 percent and 1.67 percent for responses.
The Turkish Statistical Institute (TurkStat) is going to give the official inflation figures for the ongoing month of May on next Wednesday.
The year end inflation is predicted to be at 9.8 percent, the survey said, as the government's target remains at 8.5 percent for 2020 as given in the new economic program.
MENAFN3005202000450000ID1100245640
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