Central Bank Survey On Expectations

-INFLATION TO BE 7.84 PERCENT BY END OF 2007

ANKARA - The year end inflation rate will be 7.84 percent, said an expectations survey conducted by the Turkish Central Bank.
The Central Bank announced the results of May Second Term expectations survey on Tuesday.
Accordingly, inflation based on the consumer price index will be 7.84 percent. The previous survey had indicated inflation figures to be 7.78 percent.
The Central Bank survey underlined that the budget deficit by the end of 2007 will be 31.6 billion USD. The same survey showed that the U.S. dollar will equal 1.4633 YTL at the end of the year.