TurkStat to Announce September 2024 Inflation Rates: WPI, CPI Release Time
Inflation Rate for September 2024: All Eyes on TURKSTAT
The anticipation for the September inflation data is reaching its peak as economists predict a 2.09 percent increase in the Consumer Price Index (CPI). According to the Central Bank Market Participants Survey, the year-end CPI increase expectation has decreased to 43.14 percent.
One burning question on everyone’s mind is when the Turkish Statistical Institute (TÜİK) will announce the September inflation data. The announcement is scheduled for today, shedding light on the inflation expectations for September 2024.
So, when can we expect the TURKSTAT inflation data to be revealed?
Inflation data is typically announced by TÜİK on the 3rd of every month. Therefore, we can anticipate the release of the September inflation figures on Thursday, October 3, 2024, at 10:00.
The AA Finans’ expectation survey, which involved 17 economists, concluded with an average inflation expectation of 2.09 percent for September. The economists’ predictions ranged from 1.50 percent to 2.50 percent for September inflation.
Based on the economists’ average inflation expectations for September, the annual inflation rate, which stood at 51.97 percent in the previous month, is projected to decrease to 48.11 percent.
As we await the official announcement from TÜİK, eyes are on the upcoming inflation data for September 2024. Stay tuned for the latest updates on the inflation rates and CPI trends in Turkey.
