Analysts at TD Securities note that the (Bloomberg) consensus is looking for Turkey’s headline inflation to move higher to 21.1% y/y from a prior 17.9%. Key Quotes “Pass-through from prior TRY weakness is the main driver of higher inflation, but precisely quantifying this given the size and rapidity of USDTRY moves is difficult. Hence, the range of estimates from the Bloomberg survey is wide – from 19.2% to 22.4%.” “Our own models can, depending on the assumptions used, generate estimates ranging from 20.0% to 22.0% Core inflation is expected to move up to 19.3% Y/Y from a prior 17.2%.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next UK Cabinet Office Minister Lidington: Cabinet has not demanded that UK PM May sets date to quit FX Street 4 years Analysts at TD Securities note that the (Bloomberg) consensus is looking for Turkey's headline inflation to move higher to 21.1% y/y from a prior 17.9%. Key Quotes "Pass-through from prior TRY weakness is the main driver of higher inflation, but precisely quantifying this given the size and rapidity of USDTRY moves is difficult. Hence, the range of estimates from the Bloomberg survey is wide - from 19.2% to 22.4%." "Our own models can, depending on the assumptions used, generate estimates ranging from 20.0% to 22.0% Core inflation is expected to move up to 19.3% Y/Y from a prior 17.2%." Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
