Posts Tagged Core Inflation
Turkey Inflation: A Year with A Bad Ending

Turkey Inflation: A Year with A Bad Ending

‘Hate to Say I Told You So’ was one of the most iconic songs in early 2000s, performed by the band called The Hives. Now the phrase also reflects my views on the evolution of Turkey’s price stability indicators this year. In line with my (ahead of the curve) expectations, which I shared in a blog post in May (Why Inflation May Not Fell to Single-Digit Figures This Year), the year finished with a double-digit inflation figure in Turkey as...

Why Inflation May Not Fell to Single-Digit Figures This Year

Why Inflation May Not Fell to Single-Digit Figures This Year

The following is an update about April inflation print in Turkey (source: Hurriyet Daily News):

Turkey’s annual inflation rate increased in April, reaching its highest level in around nine years, as a result of a weak Turkish Lira in several sectors, according to official data released on May 3.

Consumer prices in Turkey rose 11.87 percent year-on-year in April from 11.29 percent in March, data from the Turkish Statistics Institute (TÜİK) showed. Annual consumer price inflation was also at the highest level...

February Inflation: Simply Backtracking

February Inflation: Simply Backtracking

Having lived up to all the hype, Turkey’s February headline inflation printed a double-digit figure. Moreover, further upside movement should be expected as core indicators, the negative base effect of food prices, and most importantly, producer price index that is hanging around its record highs in a decade. Indeed, Turkey’s PPI hit 15.4% in February, which is the highest figure posted since July 2008, signaled some pressure to be felt arising out of cost channels.

Our long-term trend for...

Subscribe to Blog via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.


Archieve

Disclaimer

Nothing contained anywhere on this site constitutes or should be construed as investing or financial advice, suggestion, or recommendation. Please consult a financial professional and do due diligence before engaging in any purchase or sale of securities and other assets.

About

TurkishMarketNews.Com is platform for providing financial, economic and politic data with a neutral point of view on mainly Turkey, and on emerging markets as we aim to be an alternative to mainstream media.

Contact

Feel free to contact us if you wish to discuss any matter by writing to oguz (at) turkishmarketnews (dot) com.
×