Governor of the Turkish Central Bank: Supply shocks raised general inflation and a noticeable slowdown in economic activity
Turkish Central Bank Governor Fatih Kara Khan said that supply shocks raised the level of general inflation, noting that the recent upward movement in core inflation poses a risk to the immediate inflation prospects, amid noting a slowdown in economic activity.
The Governor of the Turkish Central Bank, Fatih Kara Khan, provided assessments on inflation and the economic scene, stressing that supply shocks contributed to raising the level of general inflation.
Karakhan indicated his expectation of a decline in cost pressures, pointing out that the upward movement witnessed in core inflation recently poses a threat to inflation prospects in the near term.
The Central Bank Governor explained that the deterioration in inflation expectations has been limited so far, noting at the same time a slowdown in economic activity.
أُنتج هذا الخبر بمساعدة الترجمة الآلية ثم خضع لمراجعة تحريرية بشرية للتحقّق من الدقّة والمصدر.
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