Turkey's C.Bank estimates year-end inflation as 7.5 pc

The Central Bank of Turkey forecast on Monday the year-end inflation around 7.50 percent.

Turkey's C.Bank estimates year-end inflation as 7.5 pc

The Central Bank of Turkey forecast on Monday the year-end inflation around 7.50 percent.

The bank released the first term projections survey for February 2010, and forecast the year-end inflation around 7.50 percent.

It was 7.15 percent in the last survey of January 2010.

The bank projected the year-end growth figure around 3.9 percent, the U.S. dollar around 1.5003 Turkish liras (TL), and the budget deficit around 22.5 billion USD.

These figures were 3.9 percent, 1.4646 TL and 21.6 billion USD in the previous survey.


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Last Mod: 08 Şubat 2010, 17:32
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