Turkey's 2017 growth will exceed target of 4.2 pct, PM says

By Kitco News / June 06, 2017 / www.kitco.com / Article Link

ANKARA, June 6 (Reuters) - Turkey's economic growth will exceed its target of 4.2 percent in 2017, Prime Minister Binali Yildirim said on Tuesday, adding that inflation would fall to single digits by year-end with the support of tight monetary and fiscal policies.

Turkey's annual consumer price inflation stood at 11.72 percent in May, official data showed on Monday, edging back from an 8-year high a month earlier. Yildirim made the comments in a speech to deputies from the ruling AK Party in parliament.


(Reporting by Gulsen Solaker and Tuvan Gumrukcu; Editing by Daren Butler)

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