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Published on Friday, February 3, 2017 | Updated on Tuesday, February 7, 2017

Turkey: Inflation Surged on Food & Energy

Annual headline inflation surprised on the upside to 9.2% from 8.5% in December. The main drivers behind the surge were food inflation (harsh weather conditions) and higher energy prices, while FX pass-through has showed only minor signs of impact on the core so far.