Morning Note /
Turkey

Turkey: All eyes on August CPI

  • All eyes will be on August CPI this morning as we expect 1.08% m/m increase, while consensus is 0.65%

  • Any number below 0.9& will keep the annual inflation below 19%, hence under the policy rate

  • This should be a positive day for steel names as HRC prices are up 4%

Batuhan Ozsahin
ATA Invest
3 September 2021
Published by