Summary of the Monetary Policy Committee Meeting (2020-04)
(WorldNews Turkey)

No: 2020-04 23 January 2020 Press Release on Summary of the Monetary Policy Committee Meeting Meeting Date: 16 January 2020 Inflation Developments 1. In December, consumer prices increased by 0.74% while annual inflation rose by 28 points to 11.84%, slightly below the forecast presented in the October Inflation Report. In this period, while annual inflation rose across subgroups, the rise in the services group remained more limited. Energy inflation posted the most noticeable increase in December due to the low base effect from the same period last year. Food inflation remained on the rise driven by both unprocessed and processed food subcategories. Annual inflation in core goods increased...