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Turkish cenbank sees excessive meals costs hitting November inflation By Reuters

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ISTANBUL (Reuters) – The Turkish Central Financial institution mentioned on Thursday that the influence of meals costs on client inflation will stay outstanding in November, whereas month-to-month client inflation excluding meals shows a extra favorable monitor.

In minutes of final week’s coverage assembly, the place it stored its key fee regular at 50%, the financial institution mentioned indicators of an enchancment in companies inflation have change into extra obvious whereas month-to-month value will increase within the companies group misplaced tempo in October.

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