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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessCBRT Inflation Report In Focus; Erdogan Puts Pressure on Food Prices
LOCAL NEWS
- Turkey fines firms for food price hikes following Erdogan's commitment to rein in food price inflation.
- Tukey's trade ministry has fined 120 companies a total of TRY 3.6m in the last week for charging above-average prices and others received fines for hoarding goods.
- Erdogan said an investigation into high prices of staples was underway. Trade Ministry has said its inspections would not undermine free market principles - Ahval
- Agbal to deliver 2021's first inflation report (07:30GMT), providing an opportunity to ease fears that he will cut rates earlier than is warranted - prior target was 9.4% for 2021.
- Ex CBRT head Kara says if the central bank does not change its target, that signals a tighter policy stance in line with recent hawkish comms, however, an expectations survey sees end-2021 inflation above the CBRT forecast closer to 11.15%
- 1130GMT FX reserves
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.