News Analysis: Türkiye's upward revision to inflation forecasts indicates slower disinflation to come

NAMPA / Xinhua
2024-11-08
by Burak Akinci ANKARA, Nov. 8 (Xinhua) -- Türkiye on Friday revised its year-end inflation targets upwards amid stubborn price pressures, which, to many analysts, signaled that disinflation will be slower from hereon. Earlier in the day, Türkiye's central bank announced an upward revision to its year-end inflation forecasts for 2024 and 2025, from previously 38 percent and 14 percent to 44 percent and 21 percent, respectively. "Looking......
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