Turkish central bank expectsinflation rate around 7.55 pct

Turkey's Central Bank said that it expected the year-end inflation rate to stand at 7.55 percent, down from 7.84 percent.

Turkish central bank expectsinflation rate around 7.55 pct

Turkey's Central Bank said that it expected the year-end inflation rate to stand at 7.55 percent, down from 7.84 percent.

In its monthly survey of expectations for January 2009, the Central Bank said the account deficit will drop to 29.8 billion USD.

The bank also revised the year-end growth in GDP down to 0.4 percent from 1.1 percent as growth rate for 2010 is estimated as 2.7 percent down from 2.8 percent.

The Central Bank estimated the year-end exchange rate projection for the U.S. dollars as 1.6320 up from 1.5788.

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Last Mod: 22 Ocak 2009, 17:31
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