AFP :
Turkey’s annual inflation rate fell less than expected to 48.6 percent in October, official data showed Monday, as officials strive to bring down soaring consumer prices.
Inflation had slowed to 49.4 percent in September, also less than expected.
Turkey’s central bank began to raise interest rates last year to battle soaring prices, after President Recep Tayyip Erdogan dropped his opposition to orthodox monetary policy.
In September, the central bank kept its main interest rate stable at 50 percent for a sixth consecutive month.
