Central Bank of Turkey - Annual Report 2005

According to the Central Bank of Turkey's Annual Report 2005, the recovery period of the economy continued in 2005 and inflation remained below the end-year target for the fourth time.

While the growth rate in the first nine-month period with respect to the same period of the previous year realized as 5.5 percent, the rate of increase in consumer prices realized as 7.72 percent; therefore remaining under the end-year target level of 8 percent. The main determinants of the ongoing positive trend

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