Economy: Turkey's year-end inflation to be around 6.5%, CB

26 April, 11:51

(ANSAmed) - ANKARA, APRIL 26 - Turkish Central Bank forecast on Thursday the year-end inflation around 6.5% in 2012, as Anatolia news agency reports. Bank governor, Erdem Basci, said that the year-inflation would be 5.3% the lowest and 7.7% the highest. "The year-end inflation will be around 5.3% in 2012," Basci told a press conference in Ankara. Basci projected the year-end inflation in 2013 around 3.4% the lowest, 7% the highest and 5.2% the average. The governor also said that the inflation would be stabilized around 5% in the medium term.

(ANSAmed).

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