Report
EUR 103.34
For Business Accounts Only
BGC Partners - TURKEY - April inflation reading was better than expected...
April inflation reading was better than expected... Monthly consumer price inflation came in at +1.7% in April, lower than the +2.3% market consensus. We observe that food inflation surprised positively at 1.4% m/m, as annual CPI inflation slightly dropped to 19.5% from 19.7%. Apart from education and hotels, cafes & restaurants segments, we note that April inflation has surprised positively on all other sub-segments, leading a further drop in annual core CPI to 16.3% in April, from 17.5% in March. On the other hand, TL depreciation continued to put a pressure on PPI inflation which rose by 3.0% m/m, resulting in a slight increase in annual PPI inflation to 30.1%.
Provider
BGC Partners
BGC has been one of the major market players in Turkish OTC debt, FX and swaps markets since 1998.
We started offering corporate finance and investment banking services to our clients in 2013. We offer a complete range of financial services to help our clients achieve their goals. Our main areas of activity within investment banking are as follows:
- Mergers & Acquisitions
- Equity Capital Markets
- Debt Finance & Advisory
Cagdas Dogan
Other Reports from BGC Partners
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.