KM Financial Solutions | UPDATE 3-Turkish central bank lifts end-2017 inflation forecast to 9.8 percent
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UPDATE 3-Turkish central bank lifts end-2017 inflation forecast to 9.8 percent

UPDATE 3-Turkish central bank lifts end-2017 inflation forecast to 9.8 percent

ISTANBUL, Nov 1 (Reuters) – Turkey’s central bank raised its
year-end inflation forecast to 9.8 percent on Wednesday from 8.7
percent previously, and warned that volatility in the lira
exchange rate and a rising oil price may push inflation higher
in the short term.

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