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Turkey October Inflation Rises 2.58% Month on Month

Consumer prices rose 2.58% month on month in October, above expectations. Annual inflation was 29.77%; clothing and footwear prices surged 12.58% during the month.

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Turkish consumer price inflation climbed to 2.58% month-on-month in October, above expectations and driven by clothing and food price rises, while the annual figure was 29.77%, data from the Turkish Statistical Institute showed on Tuesday.Clothing and footwear prices surged 12.58% during the month…

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