The Central Bank published the results of the July Market Participants Survey conducted with 65 participants consisting of real and financial sector representatives and professionals. According to the survey results:
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- The CPI increase expectation for July was 2.77%. Last month, this rate was 2.41%.
- The current year-end CPI increase expectation fell to 42.95%, indicating a decrease compared to the previous period.
- The year-end USD/TL expectation was revised to 37.3667. The 12-month USD/TL expectation was determined as 41.5175.
- The year-end current account deficit expectation fell from $27.6 billion to $27.1 billion.
- The policy rate expectation for the current month-end was announced as 50%. The 12-month-ahead policy rate expectation dropped to 34.57%.
| Predictions | Last Term | New Era |
|---|---|---|
| GDP Growth Expectation (Current Year) | 3.4% | 3.4% |
| GDP Growth Expectation (Next Year) | 3.6% | 3.6% |
