Turkey's annual inflation rate goes up in December

Annual rate of inflation rises to 8.53 percent in December from 7 percent in November

By Bahattin Gonultas

ANKARA (AA) - Turkey's inflation rate has gone up in December, according to a report from the Turkish Statistical Institute on Tuesday.

The annual rate of inflation rose to 8.53 percent in December from 7 percent in November, it said.

The highest monthly increase was 7.33 percent in alcoholic beverages and tobacco, it added.



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