Bloomberg, in its December 5, 2011 article, reports that Turkey’s Consumer Inflation Rate Rises to 19-Month High After Lira Slumps.
Extract :
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From
Bloomberg :
Turkish inflation accelerated to the highest in 19
months in November and core inflation surged to a four-year high after
central bank measures to weaken the lira pushed up import costs.
The
inflation rate rose to 9.5 percent from 7.7 percent a month earlier, the
statistics office in Ankara said on its website today. The median estimate of
eight economists surveyedby Bloomberg was 9 percent. In the month, prices rose 1.7 percent. The
central bank’s preferred measure of core inflation jumped to 8.2
percent, the highest since June 2007.
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