Egypt’s headline inflation surges to 17.7 percent in October

CAIRO (Reuters) - Egypt's headline inflation continued to climb year-on-year in October, rising to 17.7 percent from 16 percent in September, official statistics agency CAPMAS said on Saturday. The rise in annual urban consumer price inflation was greater than expected and increases the chance that the central bank could raise interest

Turkish inflation hits 25 percent in October, highest in 15 years

ISTANBUL (Reuters) - Turkish annual inflation surged to 25 percent in October, official data showed on Monday, hitting its highest in 15 years and underscoring the sustained impact of a currency crisis as the wider economy loses pace. Month-on-month, consumer prices <TRCPI=ECI> jumped 2.67 percent, the Turkish Statistical Institute data showed,

Turkey’s lira weakens after September inflation, dollar rally

Turkey's lira weakened more than one percent on Thursday, a day after data showed that annual inflation had hit nearly 25 percent in September, vastly exceeding expectations, and as the dollar held at a six-week high. Inflation surged to nearly 25 percent in September from a year earlier, data showed on