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Turkey's inflation ticks up to 62%
Credit: IndiaTimes- Published on December 4, 2023
Turkey's annual inflation rate slightly increased in November, indicating a leveling off after a series of interest rate hikes. The rate rose to 61.98 percent from 61.36 percent in October. The pace of rising consumer prices has started to ease as borrowing costs have slowed down consumption. Analysts predict a final rate hike of...
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