CBRT says service inflation was driven by labour cost
The Central Bank of the Republic of Turkey (CBRT) attributes rising service inflation to increasing labor costs, which signals potential upward pressure on overall inflation.
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CBRT says service inflation was driven by labour cost
Polish Central Bank reiterates that future decisions will depend on incoming data, remains willing to intervene in FX if needed
US ISM Services Business Activity (Jan) 57.4 (Prev. 55.2, Rev. From 56.0)
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This suggests that the CBRT may need to adjust its monetary policy stance in response to persistent inflationary pressures, particularly impacting their rate-setting discussion moving forward.
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