Turkish monthly inflation
hit 3.92% in June, lower than expected, after a plunge in the
lira currency following the re-election of President Tayyip
Erdogan, official data showed on Wednesday. .
Turkish monthly inflation hit 3.92% in June, lower than expected, after a plunge in the lira currency following the re-election of President Recep Tayyip Erdogan, official data showed on Wednesday. The median of estimates in a Reuters poll predicted inflation would reach 4.84% month-on-month. On a monthly basis, the biggest increase was seen in alcoholic beverages and tobacco prices, which rose 11.13%, while transportation prices increased 7.96%.
Inflation slows despite Turkey s weakening lira albawaba.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from albawaba.com Daily Mail and Mail on Sunday newspapers.
Turkey's Consumer Price Index Slows Amid Currency Fall The Consumer Price Index in Turkey Slows Amidst Currency Fall Introduction The consumer price index