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Turkish inflation slows to 52% in August from 61.8%

  • Turkish inflation slowed to 52% in August, down from 61.8% in July, according to the Turkish Statistical Institute .
  • Consumer prices rose 51.97% in August compared to last year, driven by a gas price hike.
  • Inflation increased by 2.47% from July to August, but this was below market expectations.
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