Turkish Inflation Soars in Blow to Erdogan's Rate-Cut Hopes.

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    • Subject Terms:
      MIDDLE East; FINLAND
    • Abstract:
      Monday's data put Turkey's benchmark rate adjusted for inflation at 1.47%, and also undermine previous guidance by Kavcioglu that the pace of price increases probably peaked in April. Keywords: %TRL; %TRY; ALLTOP; BNK; BON; BUSINESS; CMD; CONS; CONSS; COS; EUROPE; FIN; FRX; GLOBALMACR; GOV; INDUSTRIES; MARKETS; MIDEAST; NRG; RET; UTI; WORLD; WWTOP EN %TRL %TRY ALLTOP BNK BON BUSINESS CMD CONS CONSS COS EUROPE FIN FRX GLOBALMACR GOV INDUSTRIES MARKETS MIDEAST NRG RET UTI WORLD WWTOP QVRK4IDWRGG8 (Bloomberg) -- Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. [Extracted from the article]
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