"Inflation surge set to hit Turkey's markets
By Liz Chong
TURKEY’S share prices are expected to slide today after data released late on Friday showed that the country’s inflation rate rose to its highest in 19 months during May.
The data, issued after markets closed on Friday, stunned fund managers and traders. Some said that bad news from Turkey, a key emerging market for Western investors, would exacerbate the current sharp falls in other markets as foreign investors pulled out."
More:Inflation surge set to hit Turkey's markets - Industry sectors - Times Online
