{"id":79453,"date":"2023-02-03T12:41:22","date_gmt":"2023-02-03T08:41:22","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=79453"},"modified":"2023-02-03T12:41:25","modified_gmt":"2023-02-03T08:41:25","slug":"turkeys-annual-inflation-is-near-58-exceeding-expectations","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/turkeys-annual-inflation-is-near-58-exceeding-expectations\/02\/03\/market-updates\/","title":{"rendered":"Turkey&#8217;s annual inflation is near 58%, exceeding expectations"},"content":{"rendered":"\n<p>Official data showed on Friday that Turkey&#8217;s annual inflation fell to 57.68 percent in January, but much higher than expectations.<\/p>\n\n\n\n<p>The Turkish Statistical Institute said consumer prices rose 6.65 percent month-on-month, nearly double the 3.8 percent forecast in a Reuters poll.<\/p>\n\n\n\n<p>On an annual basis, the survey expected consumer price inflation to be 53.5 percent.<\/p>\n\n\n\n<p>The sharp monthly rise was attributed to a series of price increases in the new year, including for public transportation and tobacco products, as well as higher food prices.<\/p>\n\n\n\n<p>Turkish Finance Minister Nurettin Vegetarian said on Friday that the country is coming to better days after going through a difficult period of inflation.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Official data showed on Friday that Turkey&#8217;s annual inflation fell to 57.68 percent in January, but much higher than expectations. The Turkish Statistical Institute said consumer prices rose 6.65 percent month-on-month, nearly double the 3.8 percent forecast in a Reuters poll. On an annual basis, the survey expected consumer price inflation to be 53.5 percent. &hellip;<\/p>\n","protected":false},"author":9,"featured_media":34416,"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":[8473,6987,8494,7095],"class_list":["post-79453","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-consumer-inflation","tag-inflation","tag-inflationary-pressures","tag-turkey"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/79453","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=79453"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/79453\/revisions"}],"predecessor-version":[{"id":79454,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/79453\/revisions\/79454"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/34416"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=79453"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=79453"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=79453"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}