Bloomberg News

Inflation Matches Forecast Path, Turkish Central Bank Says

July 05, 2011

July 5 (Bloomberg) -- Turkey’s central bank said inflation in June returned to the path the bank has forecast, which leads to consumer price inflation of 6.9 percent by the end of the year.

Inflation slowed to an annual 6.2 percent in June from 7.2 percent in May, the statistics office in Ankara said on its website yesterday. Falls in fruit prices helped the slowdown, the central bank said today in a statement on its website.

To contact the reporter on this story: Steve Bryant in Ankara at sbryant5@bloomberg.net

To contact the editor responsible for this story: Steve Bryant at sbryant5@bloomberg.net


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