Central Bank governor says tight policy to support disinflation
Central Bank Governor Fatih Karahan has said household demand for the Turkish Lira remains strong, while easing rigidity in rents and education is supporting disinflation in services.
Karahan made the remarks during a presentation titled “Inflation and the Macroeconomic Outlook” at the J.P. Morgan Türkiye Economic Forum in Istanbul.
He said annual inflation fell to 32.1 percent in June, while supply shocks continued to push headline inflation upward.
“The decline in rigidity in rents and education supports disinflation in the services sector,” Karahan said.
