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Inflation expectations up by 11.5 points

Inflation expectations up by 11.5 points

The year-end inflation expectation rose to 57.92%, according to the results of the Market Participants Survey for May by Central Bank. The figure was 46.44% in the previous month’s survey. The CPI expectation for 24 months later, also increased from 17.68% to 19.54%.  The participants’ current year-end USD/TRY expectation also rose from 16.85 in the...