Turkey’s consumer inflation accelerated for a fifth month in October, driven by a surge in the cost of energy and weak lira.
Prices rose an annual 19.89% through last month, up from 19.58% in September, while the median estimate in a Bloomberg survey of 20 analysts predicted an acceleration to 20.35%. Monthly inflation was 2.39%, compared with the median estimate of 2.8% in a separate survey.
