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Thursday, February 04, 2021

Turkish inflation climbs to 15%, keeping high rates in focus | Financial Post

Turkish inflation climbs to 15%, keeping high rates in focus ISTANBUL — Turkey’s annual inflation rate climbed more than expected to 14.97% last month, data showed on Wednesday, driven by energy and food prices and pressuring the central bank to keep policy tight even after sharp interest rate hikes. More:Turkish inflation climbs to 15%, keeping high rates in focus | Financial Post