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CBRT Warns About Volatile Pricing Behavior Over the Summer, Current Account to Improve

TURKEY
  • *CBRT CITES RISKS TO PRICING BEHAVIOR, INFLATION OUTLOOK
  • CBRT PLEDGES 'TIGHT' STANCE UNTIL INFLATION SLOWS SIGNIFICANTLY
  • CBRT: POLICY RATE WILL CONTINUE TO BE DETERMINED OVER INFLATION
  • DOMESTIC ECONOMIC ACTIVITY STRONG
  • *CBRT SEES CURRENT ACCOUNT SURPLUS FOR THE REST OF 2021
  • SEES POSSIBLE INFLATION VOLATILITY IN SUMMER
  • CITES HIGH LEVELS OF EXPECTATIONS AND SUPPLY CONSTRAINTS DRIVING VOLATILITY IN CPI
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

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