Economists Predict 2020 Summit In The Field Of Inflation
Economists Predict 2020 Summit in the Field of Inflation – According to a survey, economists forecast the consumer price index to rise by 12.7 percent annually in November. If these predictions of economists come true in inflation, the highest annual inflation of 2020 will be recorded in November.
In November, the annual rise in consumer prices is expected by economists to reach the highest level of the year.
According to the survey, the median forecast of economists is 1.1 percent in November compared to the previous month; compared to the same period of the previous year, it developed in the direction that it will increase by 12.7 percent.
21 institutions participated in this survey. The institution that announced the lowest forecast in the survey stated that the monthly CPI increased by 0.7 percent in November; The institution sharing the highest expectation predicts an increase of 2.5 percent.
The inflation forecasts of institutions for the end of the year were also arranged in this survey. As a result, the median expectation is that inflation will occur at 12.5 percent by the end of 2020. Sharing the highest forecast, inflation is 20.6 percent at the end of the year; The institution that shares the lowest expectation expects it to be 11.9 percent.