ID :
178655
Thu, 04/28/2011 - 14:28
Auther :
Shortlink :
https://www.oananews.org//node/178655
The shortlink copeid
Turkish Inflation at the end of 2011 to be between 5.6 & 8.2 percent, Governor Basci says
ANKARA (A.A) - 28.04.2011 - Governor of the Turkish Central Bank, Erdem Basci, said Thursday that they expected inflation at the end of 2011 to be somewhere between 5.6 and 8.2 percent.
In a press conference held in Turkish capital of Ankara on Thursday, Basci said that the end of year inflation's medium point was calculated as 6.9 percent.
We updated the medium figure by one point due to rapid increases in energy prices and arrangements in customs duties, Basci said.
We expect inflation at the end of 2012 to be somewhere between 3.4 and 7 percent with a medium figure of 5.2 percent. We believe that inflation will be stable at 5 percent in the medium term, Basci also said.
In a press conference held in Turkish capital of Ankara on Thursday, Basci said that the end of year inflation's medium point was calculated as 6.9 percent.
We updated the medium figure by one point due to rapid increases in energy prices and arrangements in customs duties, Basci said.
We expect inflation at the end of 2012 to be somewhere between 3.4 and 7 percent with a medium figure of 5.2 percent. We believe that inflation will be stable at 5 percent in the medium term, Basci also said.
