Turkish annual inflation soars to 67% in February

Turkish annual inflation soars to 67% in February

The Maslak financial and business center in Istanbul’s Sariyer district. Ayhan Altun | moment | Getty Images Annual consumer price inflation in Turkey rose to 67.07% in February, the Turkish statistics office said on Monday, exceeding expectations. Analysts polled by Reuters had expected annual inflation to rise to 65.7% last month. According to the statistical…

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U.S. job growth totaled 275,000

U.S. job growth totaled 275,000

Job creation exceeded expectations in February, but the unemployment rate rose and job growth in the previous two months was nowhere near as strong as initially reported. The Labor Department reported Friday that nonfarm payrolls rose by 275,000 for the month, while the unemployment rate rose to 3.9%. Economists surveyed by Dow Jones had expected…

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