Turkey hikes 2018 inflation outlook to 23.5% | Money Talks

1,219 views · Published 2 November 2018 · 5:09 · Indexed 30 September 2026

Channel: TRT World · 2018 · News & Politics

Watch on YouTube

Turkey's central bank has sharply raised its inflation forecast for this year and the next. It now predicts inflation will come in at 23.5% for 2018. That's 10 percentage points higher than its previous projection. The bank does see inflation coming down dramatically in 2019. But in the meantime, rising prices could have knock-on effects on jobs and growth. Mobin Nasir reports. For more on the story, we are joined by economist Abdullah Karatas.
#Inflation #Turkey Economy

More from this channel