Ankara slices away at meat prices
For the past four years, Turkey’s Central Bank has succeeded in maintaining fiscal stability but has failed badly on the inflation front. In 2011, inflation hit 10.4%, almost doubling the 5.5% target. In 2012, the rate declined to 6.2% but was still above the 5% target. In 2013 and 2014, the target remained unchanged at 5%, while the year-end rates reached 7.4% and 8.2%, respectively.
More:Ankara slices away at meat prices - Al-Monitor: the Pulse of the Middle East
