Press Release on Summary of the Monetary Policy Committee Meeting (2018-41)
(WorldNews Turkey)

No: 2018-41 20 September 2018 Summary of the Monetary Policy Committee Meeting Meeting Date: 13 September 2018 Inflation Developments 1- In August, consumer prices rose by 2.30 percent and annual inflation increased by 2.05 points to 17.90 percent. The rise in annual inflation was widespread across subcategories, with the most significant contribution coming from core goods and energy groups due to exchange rate developments. In the recent period, cost pressures have elevated, economic units` tendency to raise prices has become stronger. 2- Annual inflation in food and non-alcoholic beverages rose by 0.35 points to 19.75 percent in August. In this period, seasonally adjusted unprocessed food...