Bloomberg News

Turkish Central Bank Says Food Prices Drove December Inflation

January 04, 2012

Jan. 4 (Bloomberg) -- Rising food prices were the main reason Turkish inflation accelerated to a 20-month high in December, the central bank said.

The impact of a decline in the lira was also seen in price data for the month, the bank in Ankara said in a statement on its website today. It said a rise in measures of core inflation stopped.

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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