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Thursday, April 28, 2011

Turkey’s Central Bank Raises 2011 Inflation Forecast to 6.9%, Yields Surge - Bloomberg

"Turkey’s Central Bank Raises 2011 Inflation Forecast to 6.9%, Yields Surge
By Ali Berat Meric and Selcuk Gokoluk - Apr 28, 2011 12:09 PM GMT+0300

Turkey’s central bank raised its inflation forecast for 2011 to 6.9 percent from 5.9 percent, more than analysts expected, citing higher oil prices and taxes on textiles. Bond yields rose the most in a month. "

More:Turkey’s Central Bank Raises 2011 Inflation Forecast to 6.9%, Yields Surge - Bloomberg