Turkey’s inflation rate cools despite steep lira plunge
[ad_1] Ayhan Altun | Moment Open | Getty Images Turkey’s monthly inflation rate for June came in lower than expected, despite the continued collapse of the lira currency following the re-election of President Recep Tayyip Erdogan. Turkey’s consumer price index rose 3.92% month-on-month, official data showed Wednesday. The reading was lower than Reuters’ forecast of 4.84% … Read more