ISTANBUL
Turkish Central Bank revised the year-end consumer prices index (CPI) down to 6.76 percent in its first term survey of expectation for September 2012.
The year-end CPI expectation had been 6.77 percent in the second term survey for August 2012 of the Central Bank.
The bank's expectation for year-end current accounts deficit increased from 62.6 billion USD to 62.8 billion USD.
Expectation for the year-end USD exchange rate rose to 1.8114 Turkish lira.
Gross domestic product expectation remained at 3.6 percent.
The aim of the Survey is to find out the expectations of experts and decision makers from the financial and real sectors and professionals, pertaining to CPI inflation, interest rates, exchange rate, current account balance and GNP growth rate. The Survey is conducted twice a month, in the first and third weeks of every month.
