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Friday, January 03, 2014

Inflation at 7.4% Sees Turkey Miss Target for Third Year Running - Businessweek

Inflation at 7.4% Sees Turkey Miss Target for Third Year Running
By Onur Ant January 03, 2014

Turkey’s central bank missed its annual inflation target for a third year, as consumer prices rose 7.4 percent in the 12 months through December.

Inflation accelerated from 7.32 percent in November, the state statistics office in Ankara said today. The average estimate in a Bloomberg survey of three economists was 7.26 percent.

More:Inflation at 7.4% Sees Turkey Miss Target for Third Year Running - Businessweek