Phillips Curve Is Not So Flat Over Here

TURKEY - Report 03 Aug 2017 by Murat Ucer

Thanks to a monthly reading of 0.15% (July 2016: 1.2%) headline CPI inflation fell to a single-digit rate of 9.8% in July, y/y, from 10.9% in June, broadly as expected. This was entirely on account of the drop in food inflation (to 14.3%, from 10.1% in June), with non-food inflation, by our estimates, staying unchanged at just over 10%, y/y (Table 1; Graphs 1-2).

Now read on...

Register to sample a report

Register
Sign-in
Forgot your password?
Copyright 2024 GlobalSource Partners. All rights reserved. This report is prepared for GlobalSource Partners’ clients and may not be redistributed, reproduced, stored in a retrieval system, retransmitted or disclosed, in whole or in part, or in any form or manner, without the express written consent of GlobalSource Partners. This report is distributed simultaneously to our website and other portals used by GlobalSource Partners. The information herein was obtained from various sources and is believed to be reliable but GlobalSource Partners does not warrant its completeness or accuracy. Neither GlobalSource Partners nor any Country Analyst, officer or employee accepts any liability whatsoever for any direct, indirect or consequential damages or losses rising from any use of this report or its contents.