World Bulletin / News Desk
Turkish Central Bank revised the year-end consumer prices index (CPI) down to 6.98 percent in its second term survey of expectation for July 2012.
The year-end CPI had been 7.02 percent in the first term survey for July 2012 of the Central Bank.
The bank's expectation for year-end current account deficit dropped to 63.4 billion USD from 63.8 billion USD.
Expectation for the year-end USD exchange rate rose to 1.8117 Turkish lira from 1.8052 TL.
Gross domestic product expectation remained at 3.6 percent.
The aim of the Survey is to find out the expectations of experts and decision makers from the financial and real sectors and professionals, pertaining to CPI inflation, interest rates, exchange rate, current account balance and GNP growth rate. The Survey is conducted twice a month, in the first and third weeks of every month.
Fiirst-ever World Humanitarian Summit organized by the United Nations in Istanbul dominated Tuesday's headlines
Binali Yildirim meets Turkish President Erdogan to submit the new government list
Foreign minister and European Commission VP exchange views over the phone on visa-free travel for Turkish citizens in Schengen
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Turkish president deems current humanitarian system 'inadequate for solving urgent problems'
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At least 125 United Nations member states gather in Istanbul on Monday and Tuesday to address intl humanitarian concerns
Sirnak’s central Geylani Mosque has been bombed by PKK terrorists, leaving several Quran copies burnt and torn
President Erdogan asks new leader of ruling AK Party Binali Yildirim to form government
Binali Yildirim elected as AKP's new chairman, who is now set to replace Ahmet Davutoglu as prime minister
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