President Recep Tayyip Erdoğan has given his "full" support to the new economic policy, Treasury and Finance Minister Mehmet Şimşek has said.
Şimşek and Central Bank Governor Hafize Gaye Erkan met with journalists at a briefing on the government's new medium-term program in the capital Ankara.
Across the developed world, we are hearing the argument that high costs are "profit inflation," meaning that rising prices stem mainly from rising profit margins. This is confirmed by reputable economists at multinational banks like UBS and others, by the chief economist of the European Central Bank, Philip Lane, and by its president, Christine Lagarde.
BELGRADE - According to an Ipsos survey, the Serbian financial sector expects inflation to be 8 pct in March 2024, unchanged relative to the previous six surveys, the National Bank of Serbia (NBS) has said.
In a statement, the central bank said an April Bloomberg survey reported lower one-year-ahead expected inflation (7.0 pct).