Commerzbank Sees Turkish June CPI Disinflation Surprise
Commerzbank analyst Tatha Ghose expects Turkey's June CPI to show a modest disinflation surprise, with headline and core rates easing slightly and month-on-month inflation potentially below expectations.
USDTRY
Commerzbank’s Tatha Ghose anticipates that Turkey’s June Consumer Price Index will deliver a modest disinflation surprise. Headline and core inflation rates are expected to ease slightly, with month-on-month inflation potentially coming in below market expectations.
The outlook offers limited relief for the Turkish lira, which has been under persistent pressure from elevated inflation and loose monetary policy.
Source: FXStreet Forex News