Inflation Assessment by CBRT Governor Karahan

Critical Remarks by CBRT Governor Fatih Karahan

Central Bank of the Republic of Turkey (CBRT) Governor Fatih Karahan emphasized that Turkey's core inflation indicators point to further disinflation in the period ahead. This assessment could have a significant impact on the markets.

Monthly Services Inflation and the Education Period

Speaking at a presentation in New York, Karahan shared some information on monthly services inflation. Noting that the return to the school year could lead to higher prices for services, Karahan highlighted the implications for family budgets in particular.

Impacts on Food Prices

Karahan noted that the current unfavorable weather conditions have had a negative impact on food prices and emphasized the need to rebalance demand. This is a factor to pay particular attention to on inflation.

Disinflation Process and Risks

President Karahan stated that the disinflation process is continuing, but various risks are still present in the markets. For investors, this is an important point to consider.