Published on Monday, December 5, 2016

Turkey: Food Prices Lowered the Headline

Summary

Consumer prices rose less than expected (0.52% vs 0.80%) in November driving the headline inflation to moderate from 7.2% to 7.0%. Monthly contraction in food prices was the main driver behind the lower than expected headline figure.

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Authors

Ugur Kucuk
Seda Guler Mert BBVA Research - Principal Economist
Asuman Kemiksiz
Gizem Onen

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1116_Inf_Pulse

English - December 5, 2016

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