Bloomberg News

Turkish Central Bank Says Core Inflation May Peak at 8 Percent

October 06, 2011

Oct. 6 (Bloomberg) -- Turkey’s central bank said core inflation may peak at about 8 percent in the last quarter of this year before subsiding in 2012.

The bank made the forecast for the “H” measure of inflation in a presentation to analysts in Ankara that was posted on its website today.

To contact the reporter on this story: Ali Berat Meric in Ankara at americ@bloomberg.net

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


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