AA Finance's March inflation forecast has been announced
Economists participating in the AA Finance Inflation Expectation Survey estimate that the Consumer Price Index (CPI) will increase by 3.67 percent in March.
The expectation survey by AA Finance regarding the March inflation data, which will be announced by the Turkish Statistical Institute on Wednesday, April 3, was concluded with the participation of 20 economists.
Accordingly, the average of the economists' inflation expectations for March was 3.67 percent.
The inflation expectations of the economists participating in the survey for March ranged from a low of 3.40 percent to a high of 4.42 percent.
Based on the average of the economists' inflation expectations for March, annual inflation, which was 67.07 percent in the previous month, is projected to rise to 69.32 percent.
On the other hand, the economists' year-end inflation expectation for 2024 was 45.58 in March.
The Consumer Price Index had recorded an increase of 4.53 percent in February.
Economists' inflation expectations and actual figures by month for 2024 are as follows:
| Date | Economists' year-end inflation expectation (Percent) | Monthly Expectation (Percent) | Actual (Percent) |
| January | 43.31 | 6.84 | 6.7 |
| February | 42.46 | 4.04 | 4.53 |
| March | 45.58 | 3.67 |
News Source: AA
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