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Published on Friday, February 3, 2017 | Updated on Tuesday, February 7, 2017

Turkey: Inflation Surged on Food & Energy

Summary

Annual headline inflation surprised on the upside to 9.2% from 8.5% in December. The main drivers behind the surge were food inflation (harsh weather conditions) and higher energy prices, while FX pass-through has showed only minor signs of impact on the core so far.

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0117_inf_pulse

English - February 3, 2017

Authors

UK
Ugur Kucuk
Seda Guler Mert
Seda Guler Mert Chief economist for Türkiye
BBVA Research
More information
AK
Asuman Kemiksiz
GO
Gizem Onen

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