Turkish cenbank expects inflation to enter falling trend after Q1 2021

Credit: REUTERS/UMIT BEKTAS

October 28, 2020 — 04:04 am EDT

Written by Ali Kucukgocmen and Daren Butler for Reuters ->

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;))

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