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Turkey Inflation At 24-Year High; PPI Rises Sharply

Por: RTTNews Business October 03, 2022

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Turkey's consumer price inflation accelerated further to a twenty-four year high in September, while producer prices rose at a faster rate, figures from the Turkish Statistical Institute showed on Monday.The consumer price inflation surged to 83.45 percent in September from 80.21 percent in August. In spite of rising prices, the central bank surprised by cutting rates twice in the last two months.Transportation costs surged 117.66 percent... + full article



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