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Tuesday, July 03, 2012

Turkey Inflation at 8.9 Percent Beats Estimates; Bonds Surge - Bloomberg

Turkey Inflation at 8.9 Percent Beats Estimates; Bonds Surge
By Benjamin Harvey and Ali Berat Meric - 2012-07-03T14:23:11Z

Turkish inflation accelerated at a slower pace than expected last month, beating all economists’ expectations and prompting banks including Morgan Stanley to cut their forecasts. Bonds jumped.

More:Turkey Inflation at 8.9 Percent Beats Estimates; Bonds Surge - Bloomberg