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FINANCIAL POLICY

Monetary policy pressures push Turkish inflation rate to 14%

Monetary policy pressures push Turkish inflation rate to 14%

In November, the value of the Turkish lIra dropped leading to an annual inflation rate of 14.03%. This new landmark has been the country’s highest since August last year which was a little bit more than 12.6%. After last month’s increase in the inflation rate in the country, there has been...

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Ankara Lutfi Elva Reuters Turkey Turkish Turkish Statistical Institute

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