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Turkey drives rise in OECD overall inflation

Turkey drives rise in OECD overall inflation

Annual inflation in the Organization for Economic Co-operation and Development (OECD) area hit 9.6% in May, the highest rate since August 1988, according to a statement from the OECD. The surge mainly stemmed from the annual inflation jump in Turkey that hit 73.50% in May, followed by Estonia and Lithuania at 20.0% and 18.9%, respectively,...