Turkey – Economic Outlook and Strategy
Inflation continues to rise...CPI increased by 4.81% on a monthly basis in February and the annual rate increased from 48.7% to 54.4%. Along with this D-PPI, increased by 7.22% m/m and reached a level of 105.0% on an annual basis. The largest contribution to the increase in inflation came from the food and energy segments. However, the acceleration in inflation decreased slightly compared to the previous month.
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