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Turkey's August Inflation Slightly Exceeds Expectations

- Turkey's consumer prices rose by 0.40 percent in August, slightly over the expectations of the bank economists, at around 0.1

- Turkey's consumer prices rose by 0.40 percent in August, slightly over the expectations of the bank economists, at around 0.1 percent, according to the data released by Turkstat on Thursday.

Consumer prices index (CPI) rose by 5.27 percent in the Jan-Aug period, and rose by 7.14 percent on annual basis, while the twelve months moving averages basis by 7.88 percent in August.

Domestic producer price index (D-PPI) increased by 0.98 percent on monthly basis, increased by 6.19 percent on December of the previous year basis, increased by 6.21 percent on same month of the previous year basis and increased by 6.14 percent on the twelve months moving averages basis in August.

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