Due to Ramadan and back to school likely to raise costs, Turkey's monthly inflation rate is presumed to increase this month, but year ending predictions have been reduced to single digits by economists.
They have foreseen inflation to increase by 0.99 percent this month compared to August's decline of 0.44 percent. There was a year ending prediction of 9.9 percent as against that of 10.4 percent this time in August.
An Istanbul economist said he was expecting positive effect of decrease in petrol rates this month.
Central bank's new external expectations survey has predicted 9.63 percent for year ending CPI falling from 9.77 percent.
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