Turkish CPI breaks double digits in December and hits 10.45% Y/Y, above forecasts and the...

|By:, SA News Editor

Turkish CPI breaks double digits in December and hits 10.45% Y/Y, above forecasts and the highest rate in three years. The inflation will only increase fears of a hard landing, and strengthen criticsm that the central bank has been too sanguine about inflation and too reluctant to increase its central policy rate.