Citizens' inflation expectations have increased

The Central Bank of the Republic of Türkiye (CBRT) announced its sectoral inflation expectations for February.

In February, annual 12-month ahead inflation expectations decreased by 0.1 points to 25.3 percent for market participants, by 1.9 points to 41.9 percent for the real sector, and by 0.4 points to 59.2 percent for households. Household inflation expectations in January had decreased by 4.3 points to 58.8 percent.

The proportion of households expecting inflation to decrease in the next 12 months decreased by 2.5 points compared to the previous month, falling to 28.3 percent.

How is the data obtained? The data is obtained by compiling the market participant survey, economic tendency survey, consumer tendency survey conducted in cooperation with TÜİK, and the 12-month annual consumer inflation expectations of financial and real sector experts, manufacturing industry companies and households.

The CBRT started publishing sectoral inflation data as of June 2024.