The Central Bank of the Republic of Turkey announced the year-end inflation expectation by sharing the third inflation report of the year. Expectations have been greatly increased.
The Central Bank of the Republic of Turkey published the third inflation report of the year at the Inflation Report 2022-III Information Meeting held in Ankara today. Shared report, the Central Bank’s year-end inflation expectation has increased significantly showed. in the previous report The year-end inflation expectation, which was 42.8%, rose to 60.4%.
Şahap Kavcıoğlu, Chairman of the Central Bank of the Republic of Turkey, also made important statements in the meeting broadcast live. Kavcıoğlu shared his forecasts for the coming years along with the 2022 inflation expectation. According to Kavcıoğlu, inflation To 19.2% by the end of 2023, By the end of 2024, it will decrease to 8.8% Waiting.
TL, the least depreciated currency in the last month (not counting the last 10 days)
Kavcıoğlu shared that they increased the food inflation forecast from 49 percent to 71.3 percent, and they reduced the oil forecast from 102 dollars to 99.6 dollars. In addition, the currency that lost the least value in the last month when the last 10 days are subtracted He said it was the Turkish lira, and “The currency has less impact on inflation now than in the past.” made its assessment.
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