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Elvan Reiterates Tight Policy Stance After Upside CPI Surprise

TURKEY

FinMin Elvan on the wires:

  • DATA SHOW TURKEY AWAY FROM INFLATION TARGET
  • WE WON'T RETREAT FROM MEASURES TO REACH INFLATION TARGET
  • SUSTAINABLE GROWTH NOT POSSIBLE WITHOUT PRICE STABILITY

Consistent approach from Officials to reinforce the tight policy stance after every CPI print/report etc shows follow-through on active and decisive management of price pressures

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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