Expectation for Turkey’s year-end consumer prices index drops to 7.20 percent in March 2012

Turkey’s year-end CPI expectation down to 7.20 percent

The expectation for Turkey’s year-end Consumer Prices Index (CPI) dropped to 7.20 percent, according to the first term survey of expectations in March 2012.

It was 7.26 percent in Central Bank’s survey on second term in February.

Current account deficit expectation, which had been 62.7 billion USD in second term survey of February, increased to 63.1 billion USD in the first term survey of expectations in March.

Growth of year-end gross domestic product, which had been set as 3.5 percent in the second term survey in February, increased to 3.6 percent in the first term survey in March. 

09.03.2012
SOURCE: CUMHURIYET