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Turkish Inflation Seen Hitting 19-Year Record

Turkish LIra Inflation

As cited from Bloomberg:  Turkish inflation is expected to surge to a 19-year high in December, propelled by a slump in the lira and President Recep Tayyip Erdogan’s push for cheaper borrowing.  Data due Monday will show consumer prices rose for a seventh straight month to an annual 27.36%, compared to 21.31% in November, according to the median estimate in …