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Turkish Inflation Likely Slowed Last Month as Central Bank Wary
Turkish inflation is expected to have continued its deceleration for a fourth month in October, though officials focus more on other metrics to decide on the timing of an interest-rate cut. Annual price growth probably fell to 48.3% in October from 49.4% in September, according to the median forecast of economists surveyed by Bloomberg. Monthly prices, the favored measure of central bankers, are seen to have eased to 2.66% from 2.97%. The statistics office will publish October’s inflation data on Monday. Seasonally-adjusted prices, also closely watched by policymakers, will be released the following day. Monthly ... (full story)
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- Posted: Nov 3, 2024 2:00pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 3,681
