EUR
enFitch Ratings agency has published an inflation forecast in Turkey for 2024-25.
April 7, 2024
According to the forecast of Fitch Ratings in 2024, the average inflation rate in Turkey will be 58% in 2024, and in 2025 - and 29% in 2025.
The agency also reports that last year the net cash losses of the Turkish subsidiaries of the Persian Gulf banks amounted to $2.6 billion. Fitch Ratings predicts that these losses will amount to $2.8 billion in 2024 and $1.4 billion in 2025.
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