CENTRAL BANK OF TURKEY PRICE DEVELOPMENTS FEBRUARY 2017
Source : Central Bank of Turkey
Category : Banking
Publish Date : March 6, 2017
In February, consumer prices rose by 0.81 percent, and annual consumer inflation increased by 0.91 points to 10.13 percent. Annual food inflation maintained its uptrend, and the effects of the exchange rate spilled over into the whole, particularly the core goods and energy groups. Despite temporary tax reductions, the core goods inflation that soared amid the cumulative effects of the depreciation in the Turkish lira pushed both the annual inflation and the underlying trend of core indicators upward.