Macro Analysis /
Turkey

Turkey: Market expects end-year inflation at 11.2%, mid-term outlook improves slightly

    EmergingMarketWatch
    15 January 2021
    • Market's end-year forecast compares to latest CBT projection of 9.4%
    • MPC seen to hold policy rate in Jan-Apr, 100bps cut expected in May-Jul
    • Market forecasts GDP to rise by 3.9% in 2021, and 4.3% in 2022