Economists expect inflation to rise by 6.84 percent in January
The 14 economists participating in the AA Finance Inflation Expectation Survey estimate that inflation will rise by 6.84 percent in January. The economists' year-end inflation expectation for 2024 was also recorded as 43.31 percent in January.
According to the AA Finance Inflation Expectation Survey, 14 economists project that inflation will rise by 6.84 percent in January. The year-end inflation expectation for 2024 was determined to be 43.31 percent in January.
The January inflation expectations of the economists participating in the survey were announced with an average of 6.84 percent. These expectations from the economists range from a low of 5.50 percent to a high of 8.90 percent.
Based on the average of inflation expectations for January, annual inflation, which was 64.77 percent in the previous month, is projected to rise to 65.07 percent.
Additionally, the economists' year-end inflation expectation for 2024 was determined as 43.31 percent in January. In December, the Consumer Price Index had shown an increase of 2.93 percent.
News Source: AA
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