ISTANBUL
Turkish Central Bank revised the year-end consumer prices index (CPI) down at 7.02 percent in its first term survey of expectation for July 2012.
The year-end CPI had been 7.38 percent in the second term survey for June 2012 of the Central Bank.
The bank's expectation for year-end current account deficit dropped to 63.8 billion USD from 64.6 billion USD.
Expectation for the year-end USD exchange rate downed to 1.8052 Turkish lira from 1.8091 TL.
Gross domestic product expectation remained at 3.6 percent.