{TU} TURKEY: Food Prices and Back to School Effects to Keep Monthly Inflation Elevated
[MNI Macro]
CPI data for September is due at 08:00BST/10:00 local time, with the headline rate of inflation expected to moderate only slightly, to 32.45% y/y from 32.95%, as per an analyst survey. On a monthly basis, prices are seen rising 2.58% compared to a prior 2.04%. Upward pressure on food prices and back to school effects on services prices are expected to keep monthly inflation elevated.
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