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Turkish inflation expectations tick up after market turmoil: Reuters poll

  Copy link into your clipboard //business-finance.news-articles.net/content/202 .. s-tick-up-after-market-turmoil-reuters-poll.html
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          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
Turkish inflation is expected to end the year a bit higher than previously expected, a Reuters poll showed on Wednesday, reflecting fallout from a currency selloff after authorities detained and jailed Istanbul's mayor last week.
The article from Reuters, published on March 26, 2025, discusses the rising inflation expectations in Turkey following recent market turmoil. Despite the central bank's efforts to stabilize the economy, inflation expectations have increased, with a survey by the Central Bank of Turkey indicating that businesses and households now anticipate higher price increases in the coming months. This uptick in expectations comes after a period of significant currency fluctuations and economic uncertainty, exacerbated by global economic pressures and domestic policy challenges. The article highlights concerns that these expectations could lead to a self-fulfilling prophecy, where anticipated inflation drives actual price increases, further complicating the central bank's efforts to manage inflation and stabilize the economy.

Read the Full Reuters Article at:
[ https://www.reuters.com/world/middle-east/turkish-inflation-expectations-tick-up-after-market-turmoil-2025-03-26/ ]