Inflation rises further in February

TURKEY - Report 03 Mar 2020 by Murat Ucer

Consumer prices rose by a lower than expected 0.35%, m/m, in February (consensus: 0.7%), but the 12-month rate nevertheless increased slightly further to 12.4% from 12.2% in January. Domestic-PPI rose by 0.5%, m/m, in February, taking the 12-month rate to 9.3%, from 8.8% in the previous month.

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