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Thursday, February 03, 2011

Turkish Inflation Rate Declines to Four-Decade Low - Businessweek

"Turkish Inflation Rate Declines to Four-Decade Low
February 03, 2011, 3:57 AM EST

By Steve Bryant

(Updates with economist comment in fourth paragraph, markets in fifth, food and core inflation in sixth and seventh.)

Feb. 3 (Bloomberg) -- Turkey’s inflation rate fell to the lowest in four decades in January, supporting the central bank’s “unique” policy mix of interest rate cuts and lending curbs."

More:Turkish Inflation Rate Declines to Four-Decade Low - Businessweek