CentralBankofTurkeyOvjeren akaunt

@CentralBank_TR

Official Twitter account of the Central Bank of the Republic of Turkey

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Vrijeme pridruživanja: prosinac 2013.

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  1. Monthly Money and Banking Statistics (December 2019):

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  2. Locational and Consolidated Banking Statistics (2019 Q3):

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  4. Weekly Money and Banking Statistics:

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  5. Risks to Inflation Forecasts

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  6. Effects of Assumptions on the Inflation Forecast

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  7. Inflation forecast is kept constant at 8.2% for end-2020 and at 5.4% for end-2021.

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  8. Inflation stood at 11.8% at end-2019, undershooting the October Inflation Report forecast:

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  9. Uysal: The Central Bank will continue to use all available instruments in pursuit of the price stability and financial stability objectives.

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  10. Uysal: Monetary stance will be determined by considering the indicators of the underlying inflation trend to ensure the continuation of the disinflation process.

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  11. Uysal: Inflation is projected to be 8.2 percent by end-2020 and then fall to 5.4 percent by end-2021, and stabilize at 5 percent in the medium term.

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  12. Uysal: Under a tight monetary policy stance and strong policy coordination focused on bringing inflation down, inflation is projected to converge to the target gradually.

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  13. Uysal: The underlying trend of inflation follows a moderate course due to developments in exchange rate, domestic demand conditions and producer prices.

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  14. Uysal: Current account balance, which has recently recorded significant improvement, is expected to maintain a moderate course with the contribution of supportive policy measures.

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  15. Uysal: Looking forward, the recovery in economic activity and labor market is expected to be sustained with the help of the ongoing disinflation process and improvement in financial conditions.

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  16. Uysal: While favorable effects of improved competitiveness prevail, weakening global economic outlook tempers external demand.

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  17. Uysal: As domestic demand strengthens, investment tendency and labor market show signs of recovery.

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  18. Uysal: The recovery in economic activity continues with improving sectoral diffusion.

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  19. Uysal: Turkey’s country risk premium declined significantly due to improvement in macroeconomic indicators and global developments.

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  20. Governor Uysal’s presentation on Inflation Report 2020-I is available at:

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