December Inflation Expectations: What Do Economists Forecast?

December Inflation Data Expectations

The Turkish Statistical Institute will announce the inflation data for December on January 5, Monday. A total of 33 economists participated in the expectation survey conducted by AA Finance. According to this survey, the average monthly inflation expectations for December among participants are calculated to be 0.96%.

Variability in Economists' Expectations

The inflation expectations set for December vary among economists, ranging from 0.55% to 1.24%. These rates indicate that economists expect the current annual inflation to decrease from 31.07% to 31%. This situation is being interpreted as signals of a general improvement in the economy.

Long-Term Inflation Expectations

The inflation expectations projected by economists for the end of 2026 are also noteworthy. It is anticipated that by the end of the year, the annual inflation rate will reach an average of 23.33%. This is seen as a critical indicator for long-term economic stability and monetary policies.

November Report and Consumer Price Index

The consumer price index showed an increase of 0.87% in November, which caused fluctuations in consumer purchasing power. As December approaches, economists' forecasts and consumer behaviors are increasing uncertainties in the markets.

In Conclusion

The inflation expectations for December from economists provide significant insights into both the short-term and long-term economic outlook. The data to be announced in the upcoming period will play a critical role in determining the direction of the economy.