The Turkish consumer price index is likely to rise 7.50% on the year by the end of 2010, the central bank's latest survey showed Monday.



The estimate is higher than the 7.15% forecast in the previous twice-monthly survey of business leaders and economists.



The most recent official data showed consumer prices rising 1.85% on the month in January, taking the annual inflation rate to 8.19%.



The central bank's survey also gave February's expected monthly inflation rate at 0.80%, lower than a previous forecast of 1.18%.



Turkish gross domestic product is expected to rise 3.9% this year, respondents said, higher than a previous forecast of 3.7%.



In the third quarter, GDP fell by an annual 3.3%, after a 7.9% contraction in the second quarter.



Data from the central bank survey also showed that market participants expect Turkey's current account deficit to total $22.579 billion in 2010, against a previous survey forecast of $21.669 billion.



In 2008, the current account deficit widened to $41.42 billion, from a deficit of $38.2 billion a year earlier.



The survey forecast that the Turkish lira will trade at TRY1.5513 against the dollar by the end of the year, compared with a previous forecast of TRY1.5412. It currently trades around TRY1.5220.