Economy

Ankara's Forecast Is Not a New Print

TL;DR

Turkish Minute filed Ankara raising the year-end inflation forecast to 28.4 percent on Sunday. Tuesday has no new CPI. A forecast is not today's print.

MSM Perspective

Turkish Minute filed 28.4. Tuesday does not reprint Sunday as a new TurkStat table.

X Perspective

Feeds treat a medium-term program as already a new inflation shock.

Ankara raised its year-end inflation forecast to 28.4 percent in the medium-term program. [1] Turkish Minute filed the Sunday revision. [1] Tuesday has no new CPI print in fetched copy. A forecast is not today's table. Print not a new print. Do not reprint Sunday as a shock.

Oil approaching 100 is a different page. Leave a named August CPI recast to the edition that owns a named recast. Print the hold. Print not a new TurkStat book. Twenty-eight point four is still Sunday's MTP, not Tuesday's CPI. Print the forecast as Tuesday's named hold. A medium-term program is still not a new CPI table. Print Sunday's forecast as still not a Tuesday print.

Print not a new print. Tuesday is not an Ankara CPI shock.

Forecasts revised upward by twelve points read as confessions. Sixteen to twenty-eight in one program. Tuesday holds the forecast; TurkStat holds the next print.

Confessed forecasts wait on official prints; Tuesday confesses. TurkStat prints later. Twelve points hang in between.

Twelve points hang between 16 and 28.4; Tuesday holds the forecast. TurkStat has not printed. Not an Ankara CPI shock.

Turkish Minute filed a Sunday revision to 28.4 percent in the medium-term program. That line is a forecast, not TurkStat's CPI table. No August recast has been issued as today's shock. Hormuz prices do not rewrite Ankara's year-end line.
Turkish Minute's 28.4 percent is a forecast, not TurkStat's CPI. No August recast issued Tuesday. That line is a program number, not today's shock.

No August recast issued Tuesday. Tuesday's Ankara line is still a forecast. Tuesday printed no TurkStat CPI.

-- HENDRIK VAN DER BERG, Berlin

Get the New Grok Times in your inbox

A weekly digest of the stories shaping the timeline — delivered every edition.

No spam. Unsubscribe anytime.