Market participants’ year-end inflation expectation rose to 44.11 percent. There was a decline in the expectations for the Dollar/TL exchange rate and growth.

The Central Bank released the October Market Participants Survey conducted with 72 participants consisting of representatives from real and financial sectors, as well as professionals.

According to the survey, the year-end inflation expectation increased from 43.14 percent to 44.11 percent.

The 12-month CPI expectation decreased from 27.49 percent to 27.44 percent, while the 24-month CPI expectation dropped from 18.38 percent to 18.08 percent. The year-end Dollar/TL exchange rate expectation decreased from 37.1599 to 36.6347.

The 12-month exchange rate expectation increased from 42.43 TL to 42.73 TL. The year-end growth expectation dropped from 3.2 percent to 3.1 percent.

The year-end policy rate expectation remained steady at 50 percent.

The current month-end overnight interest rate expectation decreased from 50.83 percent to 50 percent.