The Central Bank of Turkey raised its year-end inflation expectation on Wednesday.

The Central Bank made public its expectation survey and raised its year-end inflation expectation to 6.61 percent.

In its previous survey, the bank forecast the year-end inflation in consumer prices as 6.57 percent.

The Central Bank revised its year-end growth expectation as -3.6 percent. It was -2.4 percent in the previous survey.

In the survey, the bank raised its year-end U.S. dollar expectation from 1.6621 to 1.6726 Turkish liras (TL).

AA