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Monday, August 11, 2008

As inflation soars Real income losses for Turkish workers

"Real income losses for Turkish workers
By Sinan Ikinci
11 August 2008

On August 4, the Turkish Statistics Institute (TUIK) announced that in July Turkey’s inflation rate rose to 12.1 percent from 10.6 percent in June. The annual rise in inflation was only 6.9 percent over the same period last year."

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