2018 – Inflation fell, Investors became interested in Turkey

Inflation in January was at an annual rate of 10 percent in Turkey. And this was the lowest figure of the past six years.

According to the Deputy Prime Minister of Turkey, Mehmet Simsek, the government is making every effort to keep the inflation rate down. And, the economic attractiveness of Turkey has been growing for investors.

“We will continue to work on this. And we predict a gradual decline in inflation to single-digit indicators,” said the Turkish Deputy Prime Minister.

In this regard, there is a growing interest of foreign investors in the Turkish economy. Last year, foreigners purchased almost 12 billion dollars’ worth government bonds. This year is expected to increase the inflow of foreign capital into the country further.

07.02.2018

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