Turkish Inflation Rate Rises to 19-Month High as Lira Slumps
December 05, 2011, 5:03 AM EST
By Mark Bentley and Ali Berat Meric
(Updates with economist comments starting in third paragraph, markets in sixth.)
Dec. 5 (Bloomberg) -- Turkish inflation accelerated to the highest in 19 months in November and core inflation surged to a four-year high after central bank measures to weaken the lira pushed up import costs.
More:Turkish Inflation Rate Rises to 19-Month High as Lira Slumps - Businessweek