07.03.2025 10:20
The Central Bank of the Republic of Turkey (CBRT) has shared the March Market Participants Survey with the public. In the survey, market participants estimated the year-end inflation for 2025 to be 28.04% and the dollar/TL exchange rate to be 42.79 TL.
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The Central Bank of the Republic of Turkey (CBRT) has published the results of the Market Participants Survey for March. According to the Central Bank Market Participants Survey, the year-end CPI expectation has decreased slightly from 28.30% to 28.04%. In the survey, the year-end dollar/TL expectation also fell from 42.89 TL to 42.79 TL.
PARTIAL DECREASE IN INFLATION EXPECTATION
The 12-month CPI expectation was 25.26% in the previous survey period, while it is 24.55% in this survey period. The 24-month CPI expectation was 17.26% and 17.06% in the respective survey periods.
FOREIGN EXCHANGE RATE FORECAST
For the year-end dollar forecast, which fell to 42.89 TL in February, the March expectations have become clearer. In this context, the year-end dollar forecast is 42.79 TL.
WHO ARE THE MARKET PARTICIPANTS?
The Market Participants Survey is conducted with 72 participants, consisting of 54 from the financial sector and 18 from the real sector, on a monthly basis.
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