Household Annual Inflation Expectations Decline

Forex - The 12-month ahead annual inflation expectation for households decreased to 63.1 percent. In December, the 12-month ahead annual inflation expectations declined by 0.1 points to 27.1 percent for market participants, by 0.2 points to 47.6 percent for the real sector, and by 1.0 point to 63.1 percent for households. According to a statement from the Central Bank of the Republic of Turkey (CBRT), the percentage of households expecting inflation to decrease over the next 12 months remained unchanged at 26.3 percent compared to the previous month.