FOREX TradingCharts.com

Financial News: Turkey Inflation Accelerates More Than Forecast

Turkey Inflation Accelerates More Than Forecast

09/05/2017 - 07:21:00 (RTTNews)

(RTTNews) - Turkey's consumer price inflation accelerated at a faster-than-expected pace in August, after easing in the previous three months, the Turkish Statistical Institute reported Tuesday.

The consumer price index climbed 10.68 percent year-over-year in August, following a 9.79 percent rise in July. Economists had expected the inflation to increase to 10.27 percent.

Prices of food and non-alcoholic beverages grew 11.97 percent annually in August and transport costs surged by 17.38 percent.

Month-on-month, consumer prices rose 0.5 percent from July, when it edged up by 0.2 percent. It was expected to fall at a steady rate of 0.2 percent.

Another report from the statistical office showed that producer price inflation quickened further to 16.34 percent in August from 15.45 percent in July.

On a monthly basis, producer prices went up 0.9 percent in August, just above the 0.7 percent increase in the prior month.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2017 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Austria Production Index Climbs In July (07 min(s), 33 sec(s) ago)
(RTTNews) - Austria's production index climbed notably in July from a year ago, data from Stat ...Full Story»

Czech Economic Sentiment At 8-Month High (41 min(s), 33 sec(s) ago)
(RTTNews) - Czech economic sentiment strengthened for the third straight month in September to the ...Full Story»

Spain's Producer Price Inflation Accelerates In August (49 min(s), 33 sec(s) ago)
(RTTNews) - Spain's producer price inflation increased in August, figures from the statistical ...Full Story»

Japan Govt Maintains Economic View (01 hr(s), 14 min(s), 33 sec(s) ago)
(RTTNews) - Japan's government maintained its economic assessment for September, saying the ec ...Full Story»

Singapore Inflation Slows In August (01 hr(s), 40 min(s), 33 sec(s) ago)
(RTTNews) - Singapore inflation eased in August on weak private road transport costs, data from th ...Full Story»

Finland PPI Inflation Rises Slightly In August (01 hr(s), 44 min(s), 33 sec(s) ago)
(RTTNews) - Finland's producer price inflation accelerated for the second straight month in Au ...Full Story»

Japan Leading Index Falls Less Than Estimated In July (02 hr(s), 53 min(s), 33 sec(s) ago)
(RTTNews) - Japan's leading index decreased less than initially estimated in July, latest data ...Full Story»

European Economics Preview: Germany's Ifo Business Confidence Data Due (03 hr(s), 32 min(s), 33 sec(s) ago)
(RTTNews) - Business sentiment from Germany is due on Monday, headlining a light day for the Europ ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Austria Production Index Climbs In July

09/25/2017 - 03:58 AM (RTTNews)
(RTTNews) - Austria's production index climbed notably in July from a year ago, data from Stat ...Full Story>>

Czech Economic Sentiment At 8-Month High

09/25/2017 - 03:24 AM (RTTNews)
(RTTNews) - Czech economic sentiment strengthened for the third straight month in September to the ...Full Story>>

Spain's Producer Price Inflation Accelerates In August

09/25/2017 - 03:16 AM (RTTNews)
(RTTNews) - Spain's producer price inflation increased in August, figures from the statistical ...Full Story>>

Japan Govt Maintains Economic View

09/25/2017 - 02:51 AM (RTTNews)
(RTTNews) - Japan's government maintained its economic assessment for September, saying the ec ...Full Story>>

Singapore Inflation Slows In August

09/25/2017 - 02:25 AM (RTTNews)
(RTTNews) - Singapore inflation eased in August on weak private road transport costs, data from th ...Full Story>>

Binary Options Articles Courtesy of NADEX

These pages, and all content ©TradingCharts.com Inc and other copyright holders. Permission is not granted to redistribute charts, data, news or other information found on this site, in any manner. Although it is believed that information provided is accurate, TradingCharts will not accept liability for any loss or damage that may arise from use of the content, inability to access the website, or delay or failure of receive of any information provided through this site.