ANKARA
Economists who participated in the AA Finance consumer price inflation (CPI) expectation survey predicted December (CPI) inflation to increase 0.39 percent.
Before announcement of official December (CPI) on 3 January 2014 by Turkish Statistical Institute (Turkstat), AA Finance has conducted a survey with 19 economists. Average estimation of participants emerged as 0.39 percent increase in inflation in December.
Estimation of participants regarding CPI ranged between 0.72 percent and 0.10 percent.
Also, average year end inflation predicted by economists became 7.33 percent. Year end inflation expectations ranged between 7.68 percent and 7.0 percent. Average year end expectation in previous survey had become 7.61 percent.
According to figures revealed by TurkStat in November, inflation had increased 0.01 percent compared to October and arose 7.32 percent in total compared to same month last year.
englishnews@aa.com.tr
