"Turkish Central Bank Says Core Inflation Likely to Rise Further
March 04, 2011, 3:25 AM EST
By Ali Berat Meric
March 4 (Bloomberg) -- The Turkish central bank said it expects core inflation to accelerate over the coming months.
The slowdown in consumer-price inflation in February to a four-decade low of 4.2 percent was mainly caused by the comparison with the same month a year earlier when the government increased taxes, the bank said today in an e-mailed statement from Ankara."
More:Turkish Central Bank Says Core Inflation Likely to Rise Further - Businessweek