Turkey's inflation falls – now below 40 percent

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Turkey's inflation falls – now below 40 percent
Photo: David Goldman/AP/TT

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Inflation in Turkey fell to 39.1 percent in February, from 42.1 the month before, according to the Turkish statistics authority.

Analysts had, according to Bloomberg, expected inflation to land at 39.9 percent.

Turkey's central bank is expected to lower the key interest rate to 42.5 percent on Thursday.

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By TTEnglish edition by Sweden Herald, adapted for local and international readers

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