Business · Economy · 14 hrs ago

Economists Forecast 2.2% Monthly Inflation in Turkey for October

Economists Forecast 2.2% Monthly Inflation in Turkey for October

A survey of 21 economists forecasts October inflation in Turkey at an average of 2.2% for the month.

Their estimates range from 1.25% to 2.70%.

If the average forecast is correct, annual inflation will ease to 29.28%, from 29.73% in September.

Turkey’s consumer prices rose 1.84% in September.

The official October figures are due from the Turkish Statistical Institute on November 3.

Economists put their average forecast for year-end inflation at 29.64%.

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