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Thursday, March 03, 2011

Turkish Inflation Slowed to Four-Decade Low Last Month, Matching Forecasts

"Turkish Inflation Slowed to Four-Decade Low Last Month, Matching Forecasts
By Steve Bryant and Ali Berat Meric - Mar 3, 2011 4:09 AM ET

Turkey’s inflation rate fell to the lowest in four decades in February, a decline the central bank says will be reversed as surging global oil prices feed into the economy in the months ahead."

More:Turkish Inflation Slowed to Four-Decade Low Last Month, Matching Forecasts - Bloomberg