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Erdogan Changes Tune On Inflation, Warns It May Be Around Longer

TURKEY
  • ERDOGAN SAYS HOUSEHOLD ELECTRICITY BILLS TO BE REVIEWED
  • ERDOGAN SAYS FEB. ELECTRICITY BILLS TO BE UNDER NEW TARIFF
  • ERDOGAN ANNOUNCES 3 LOAN PACKAGES UNDER CREDIT GUARANTEE FUND
  • ERDOGAN SAYS TURKEY TO HAVE TO CARRY INFLATION'S BURDEN A WHILE
  • This is a change in tune from recent comments alluding to disinflation in the coming months, contrary to analyst projections for a peak at 50-55% in May
  • This may also be due to recent meetings with the Stats Agency TUIK, where the head of the division was just fired ahead of CPI data this week
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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