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Breaking Posted 16 hours ago

Turkey July core CPI 29.91% YoY, misses 30.47% forecast

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Turkey's July core CPI came in at 29.91% year-over-year, beating the 30.47% forecast but slightly above June's 29.84%, signaling persistent inflation pressure. USD/TRY traders will watch for Central Bank policy response; softer-than-expected core data may ease hawkish pressure but remains elevated, keeping TRY support fragile amid regional macro volatility.
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