At 09:00 (GMT+2), Turkey is publishing the February Consumer Price Index, which is serving as the main indicator of the country’s inflation rate, reflecting changes in the cost of a defined “basket” of goods and services, including food, transport, utilities, healthcare, and so on. On a monthly basis, the indicator is likely to be adjusting from 4.84% to 3.00%, and on an annual basis — from 30.65% to 31.55%, which is potentially signaling to officials of the Central Bank of the Republic of Turkey to reduce the cost of borrowing at the next meeting.
