February 3, 2014 / 10:44 AM / 4 years ago

Turkish economy minister says does not see rate hikes long lasting

ANKARA, Feb 3 (Reuters) - Turkish Economy Minister Nihat Zeybekci said on Monday he did not see a risk to the government's 4 percent end-year growth target and did not expect interest rate hikes which the central bank made last week to be long lasting.

Speaking to reporters after official data showed higher-than-expected January inflation, Zeybekci said he expected more positive developments on the inflation front from February. (Reporting by Orhan Coskun; Writing by Daren Butler; Editing by Dasha Afanasieva)

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