Turkey Raises Annual Inflation Expectation
2012-04-07 03:15:01
Turkey's Central Bank raised the country's expectation for consumer price index (CPI), a main gauge of inflation, in 2012 to 7.47 percent as recent economic data trigger increasing inflation concerns, local media reported on Friday.
The central bank said in March that it expected Turkey's annual CPI to grow by 7.22 percent year-on-year, according to Turkish semi-official Anatolia News Agency.
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