Growth Expectatıon For 2014 Falls In December

Turkey's 2014 growth expectation fell in December, while dolar/lira rate expectation rose over 2.3 lira and inflation expectation remained over 9.0 percent, according to the Central Bank's survey data, released on Friday.

The Central Bank Survey of Expectations is conducted on a monthly basis with a panel of participants of experts from the financial sector, real sector, foreign financial institutions and professionals.

GDP GROWTH

Turkey's gross domestic product (GDP) growth expectations for 2014 fell to 3.0 percent in December survey, from 3.2 in November, while GDP growth expectation for 2015 stood at 3.5 percent unchanged.

INFLATION

Year-end inflation expectation remained over 9.0 percent at 9.02 percent in December survey, lower than 9.22 percent it was in the November survey. December consumer price index (CPI) seen to rise at 0.31 percent, while CPI rise in January 2015 seen at 0.80 percent and in February at 0.47 percent.

DOLLAR RATE

Dollar/lira exchange rate expectation rose in December in the Central Bank of Turkey's survey to 3.32 lira, up from 2.27 lira it was in November survey, while end of 2015 dollar/lira rate expectation rose to 2.40 lira from 2.35 lira over the same period. - Istanbul