Turkish inflation unexpectedly slows to 19.5% in April

Ankara, Istanbul: Turkey’s inflation rate unexpectedly slowed somewhat to 19.50 per cent in April from a year earlier, helped by more moderate rises in transportation and clothing, even while overall prices remained lofty in the midst of a recession. Month-on-month consumer price inflation was a less-than-expected 1.69 per cent, driven by a 6.77 per cent […]