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BREAKING: CBN s MPC holds MPR at 11 5%, maintains all other parameters – Nairametrics

BREAKING: CBN s MPC holds MPR at 11 5%, maintains all other parameters – Nairametrics
nairametrics.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nairametrics.com Daily Mail and Mail on Sunday newspapers.

Turkey Central Bank Keeps Rates Unchanged

Turkey s inflation jumps to 18 95 pct in July, highest in 26 months

Turkey s inflation jumps to 18.95 pct in July, highest in 26 months Xinhua 04 Aug 2021, 10:05 GMT+10 ISTANBUL, Aug. 3 (Xinhua) Turkey s annual inflation jumped to 18.95 percent in July, the highest in the last 26 months, the Turkish Statistical Institute revealed on Tuesday. The country s monthly inflation increased by 1.8 percent in the same month, according to the data. The highest annual price rise was reported in food and non-alcoholic beverages and transportation, climbing by 24.92 percent and 24.62 percent respectively. The annual increase in food and transportation is close to 25 percent and exceeds the average by six points, Mustafa Sonmez, an economy writer, tweeted after the announcement of the institute.

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