Consumer prices rose by 3.28% m/m in Nov, lower than both our expectation (4.0%) and cons. (3.7%), while annual inflation accelerated to 61.98% (vs. 61.36% prev.). Considering the recent lower than expected realizations coupled with the positively surprising rate hikes, the year-end consumer inflation might be around 65%.
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- Türkiye
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- Global Economy
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