Turkey inflation seen at around 7.5-8 pct at year-end – Development minister

Turkey inflation seen at around 7.5-8 pct at year-end – Development minister

الجمعه 1437/12/7 هـ الموافق 2016/09/09 م واس

ISTANBUL, Dhu-AlHijjah 08, 1437, September 09, 2016, SPA — Turkish annual inflation will be around 7.5-8 percent at year-end, Development Minister Lutfi Elvan said on Friday, adding he did not expect a big deviation from budget targets set in Turkey’s medium-term programme, Reuters reported.
Elvan made the comments in an interview with broadcaster CNN Turk. Inflation declined to 8.05 percent last month, according to official data, from 8.79 percent in July.
–SPA
15:56 LOCAL TIME 12:56 GMT