The Central Bank of the Republic of Turkey has published the results of the Market Participants Survey for the February period. The results revealed a decrease in year-end dollar expectations and an increase in inflation expectations.
The February results of the Market Participants Survey conducted by the Central Bank of the Republic of Turkey every month were shared. Results shared by the Central Bank, year-end inflation forecast increasedbut at the end of the year dollar forecast down showed. There was a big difference between the increase in the inflation expectation and the decrease in the dollar expectation.
According to the survey, current year-end inflation expectation realized as 34.06%. Inflation expectation increased in January, the previous survey period. It was announced as 29.75%. The year-end dollar expectation is in this survey period. as 16.04 TL was recorded. The dollar expectation was announced as 16.13 TL in January.
Inflation expectations after 12 months also increased:
The survey showed that there was an increase in inflation expectations after 12 months. According to the latest results Inflation expectation after 12 months, 25.37% was measured. This value was 24.83% in the previous survey period. Exchange rate expectation after 12 months will be above the year-end expectation. 16.62 TL (It was 16.85 TL in the previous period). Inflation expectation after 24 months was recorded as 15.42%.
While the GDP growth expectation for 2022 was announced as 3.7% in this survey period, the growth expectation for 2023 was determined as 4.2%. Both values remained the same as in the previous period.
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