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Türkiye revises up inflation forecasts for 2024, 2025

NAMPA / Xinhua
2024-11-08
ANKARA, Nov. 8 (Xinhua) -- Türkiye's central bank announced Friday an upward revision to its year-end inflation forecasts, previously 38 percent for 2024 and 14 percent for 2025. "We have revised our inflation estimates upward to 44 percent for 2024 and 21 percent for 2025. Looking further ahead, we expect the inflation to decrease to 12 percent by the end of 2026," said Central Bank Governor Fatih Karahan when presenting the fourth-quarter in......
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