8:46 AM · 3 August 2023

CPI in Turkey clearly surprised to the upside!

USD/TRY
Forex
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The inflation dynamics in Turkey are surprisingly on the rise concerning the reading for November. In a month-on-month comparison, the reading has risen to 9.5%, compared to expectations of 8.5% and a previous reading of 3.92%. In a year-on-year comparison, the reading was 47.83%, compared to expectations of 46.8% and a previous reading of 38.2%.

Source: xStation 5

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