CBRT February Data: Real Sector Inflation Expectations Decline, Households Remain Steady

Sectoral Divergence in Inflation Expectations The Central Bank of the Republic of Turkey (CBRT) has released its "Sectoral Inflation Expectations" data for February.
The figures reveal that 12-month ahead annual inflation expectations have improved among market participants and real sector representatives, while remaining stagnant for households.
A more significant improvement was observed among real sector representatives, whose expectations dropped by 0.90 percentage points to 32 percent during the same period.
Household Expectations and Confidence Indicators Household expectations for annual inflation 12 months ahead remained unchanged in February compared to the previous month, stabilizing at 48.81 percent.
On the other hand, there was a recorded decrease in optimism regarding a fall in inflation over the next 12 months.
The proportion of households expecting inflation to decrease fell by 4.63 percentage points compared to the previous month, reaching 20.33 percent.