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Thursday, January 30, 2020

Turkish central bank keeps end-2020 inflation forecast at 8.2% | Nasdaq

Turkish central bank keeps end-2020 inflation forecast at 8.2%

JAN 30, 2020 2:47AM EST

ANKARA, Jan 30 (Reuters) - Turkey's Central Bank is maintaining its mid-point inflation forecast for end-2020 at 8.2%, Governor Murat Uysal said on Thursday. The bank also forecast that the inflation will fall to 5.4% at the end of 2021, Uysal said, adding that it is expected to stabilize at around 5% in the medium term.

More:Turkish central bank keeps end-2020 inflation forecast at 8.2% | Nasdaq