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BGC Partners: Turkey February inflation reading was slightly better than expectations...
February inflation reading was slightly better than expectations... Monthly consumer price inflation came in at +0.2% in February, slightly better than the +0.4% market consensus. Annual CPI inflation, which was 20.4% in January decreased to 19.7% in February while annual core CPI decreased to 18.1%. February inflation has come slightly better than expectations on minor positive surprises in most items, suggesting lower inflationary pressures, supported by a relatively stable TL. The latter also continued to limit the PPI inflation to +0.1% m/m, as annual PPI dropped further to 29.6%.
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
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