The consumer price index (CPI) rose 0.83 percent, while the producer price index (PPI) fell 0.03 percent in November, the Turkish Statistical Institute (TURKSTAT) said on Wednesday. (UPDATED)
Turkish CPI hit 10.76 percent on a 12-month basis, as the PPI rate over 12 months declined to 12.25 percent, the TURKSTAT said.
An earlier CNBC-e poll expected Turkey's consumer price index is to rise 1.09 percent month-on-month in the same period and the producer price index is seen climbing 0.85 percent.
Turkish Central Bank expects Turkey’s inflation to be in the range of 6.1-9.1 percent in 2009 and 4.3-7.9 percent in 2010, while it says it expects it to fall to 5.4 percent as of the third quarter of 2011.