Turkish inflation falls in July, but seen rising again
August 03, 2017, 05:11:00 AM EDT By Reuters
By Ece ToksabayISTANBUL, Aug 3 (Reuters) - Turkish inflation returned to
single digits for the first time in six months on Thursday, but
analysts said the fall was likely to be temporary, prompting the
central bank to maintain its tight policy stance.
The consumer price index rose 0.15 percent month-on-month in
July, matching a Reuters poll forecast, while the annual
increase eased to 9.79 percent, the Turkish Statistical
Institute said.
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