{"id":38058,"date":"2020-12-03T16:06:47","date_gmt":"2020-12-03T12:06:47","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=38058"},"modified":"2020-12-03T16:06:50","modified_gmt":"2020-12-03T12:06:50","slug":"turkey-annual-inflation-jumps-to-14-its-highest-level-in-more-than-a-year","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/turkey-annual-inflation-jumps-to-14-its-highest-level-in-more-than-a-year\/12\/03\/market-updates\/","title":{"rendered":"Turkey: Annual Inflation Jumps to 14%, Its Highest Level in More Than a Year"},"content":{"rendered":"\n<p>Annual inflation in Turkey jumped higher than expected, registering 14.03% in November, the highest level since August 2019 due to the drop in the lira, which remains on the pressures urging monetary policy tightening after a big interest rate hike last month.<\/p>\n\n\n\n<p>On a monthly basis, consumer prices increased 2.30% in November, Turkish Statistics Institute data showed on Thursday, compared to a Reuters poll that predicted a 1% rise in October and annual inflation of 11.89%. On an annual basis, the survey forecast 12.6% inflation.<\/p>\n\n\n\n<p>Inflation is hovering near 12% since the beginning of the year, despite a sharp economic decline in the second quarter due to tightening measures to combat the first outbreak of the Coronavirus.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Annual inflation in Turkey jumped higher than expected, registering 14.03% in November, the highest level since August 2019 due to the drop in the lira, which remains on the pressures urging monetary policy tightening after a big interest rate hike last month. On a monthly basis, consumer prices increased 2.30% in November, Turkish Statistics Institute &hellip;<\/p>\n","protected":false},"author":9,"featured_media":37851,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37,36],"tags":[7095],"class_list":["post-38058","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-turkey"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/38058","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=38058"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/38058\/revisions"}],"predecessor-version":[{"id":38059,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/38058\/revisions\/38059"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/37851"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=38058"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=38058"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=38058"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}