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Monday, December 05, 2011

Turkey: inflation nears 10 per cent | beyondbrics | News and views on emerging markets from the Financial Times – FT.com

Turkey: inflation nears 10 per cent
December 5, 2011 6:14 pm by Daniel Dombey

Turkey is on the brink of double-digit inflation after prices rose in November by more than expected, in the latest sign of strain for the country’s unorthodox monetary policies as Ankara struggles to fine-tune interest rates without provoking a hard landing.

More:Turkey: inflation nears 10 per cent | beyondbrics | News and views on emerging markets from the Financial Times – FT.com