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Lira volatility, oil prices may push Turkey inflation up short-term -cenbank governor
November 1, 2017 / 8:11 AM / 22 days ago

Lira volatility, oil prices may push Turkey inflation up short-term -cenbank governor

ISTANBUL, Nov 1 (Reuters) - Volatility in Turkey’s lira and a rise in oil prices may push inflation up in the short term, Central Bank governor Murat Cetinkaya said on Wednesday.

Cetinkaya told a news conference that loan growth in Turkey had delayed a tight stance in monetary policy, and inflation risks were still to the upside. (Reporting by Ece Toksabay and David Dolan; Writing by Dominic Evans; Editing by Daren Butler)

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