In August 2024, 12-month-ahead annual inflation expectations decreased by 1.3 points to 28.7 percent for market participants and by 1.2 points to 53.8 percent for real sector, while increased by 1.1 points to 73.1 percent for households.
Sectoral Inflation Expectations are obtained by compiling the 12-month-ahead annual consumer inflation expectations of financial and real sector experts, manufacturing industry firms and households through the Survey of Market Participants, Business Tendency Survey and Consumer Tendency Survey (CTS). CTS is carried out in cooperation with Turkish Statistical Institute.
The proportion of households expecting a fall in inflation in the next 12 months increased by 0.3 points to 29.6 percent.
