Turkish cenbank expects inflation to enter falling trend after Q1 2021

Credit: REUTERS/UMIT BEKTAS

Turkish Central Bank Governor Murat Uysal said on Wednesday that inflation is expected to enter a falling trend after the first quarter of next year.

ISTANBUL, Oct 28 (Reuters) - Turkish Central Bank Governor Murat Uysal said on Wednesday that inflation is expected to enter a falling trend after the first quarter of next year.

Uysal also said that the decline in inflation outlook is expected to lead to a slowdown in the dollarisation trend.

(Reporting by Ali Kucukgocmen and Daren Butler Writing by Ezgi Erkoyun; Editing by Dominic Evans)

((ezgi.erkoyun@thomsonreuters.com; +90-212-350 7051; Reuters Messaging: ezgi.erkoyun.thomsonreuters.com@reuters.net;))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Reuters

Reuters, the news and media division of Thomson Reuters, is the world’s largest international multimedia news provider reaching more than one billion people every day. Reuters provides trusted business, financial, national, and international news to professionals via Thomson Reuters desktops, the world's media organizations, and directly to consumers at Reuters.com and via Reuters TV.

Learn More