July inflation expected at 1.82 percent
Economists surveyed by Anadolu Agency Finance conducted ahead of the official data release by the Turkish Statistical Institute (TÜİK) expect Türkiye’s Consumer Price Index (CPI) to rise 1.82 percent month-on-month in July.
The survey, which included 17 economists, showed monthly inflation forecasts ranging from 1.35 percent to 2.1 percent.
Based on the average estimate of 1.82 percent, annual inflation is expected to ease to 31.8 percent in July from 32.11 percent in June.
Economists’ average year-end inflation forecast stood at 29.55 percent.
