Turkish Inflation to Hit 3 1/2-Year High on Energy, Survey Shows
By Emre Peker - May 2, 2012 10:22 AM ET
Turkey’s inflation rate probably rose to a three-and-a-half-year high last month on rising energy costs, a survey of economists showed.
Inflation accelerated to 11 percent, the highest since October 2008, from 10.4 percent the previous month, according to the median estimate of seven economists surveyed by Bloomberg. Estimates ranged from 10.6 percent to 11.3 percent. The figures will be announced by the government statistics office in Ankara at 10 a.m. tomorrow.
More:Turkish Inflation to Hit 3 1/2-Year High on Energy, Survey Shows - Bloomberg
