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The CBRT publishes “Market Participants Survey” for February 2022

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INFLATIINFLATION IN ISTANBULON IN ISTANBUL

In the Survey of Market Participants published by Central Bank of Turkey, while the current year-end inflation forecast rose, the current account deficit expectation also increased.

Turkey’s economic indicators as announced by he government seem to be quite promising although this is not reflected to the welfare and living standards of citizens, as observed and shared by many experts.

January February survey period (respectively) figures are as follows:

Dollar/TL (end of current year) 16.13 Jan. / 16.04 Feb.
CPI (current year-end,%) 29.75 / 34.06
CPI (after 12 months, %) 25.37 / 24.83
CPI (after 24 months, %) 15.54 / 15.42
Growth (2022, %) 3.7 / 3.7
Current account deficit (2022, $billion) -7.9 / – 9.5

SOURCE: State establishment

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