Turkey’s monthly inflation rate climbed more than expected to 5.03 per cent in January due to a minimum wage hike and several new-year price updates, while annual inflation fell to 42.12 per cent, data showed on Monday.
The monthly rise in the consumer price index (CPI) was above the 4.35 per cent forecast in a Reuters poll, and up sharply from 1.03 per cent in December. The central bank, which
