May 6, 2019 / 7:29 AM / 2 months ago

Turkish central bank expects tobacco prices to keep rising in May

ISTANBUL, May 6 (Reuters) - Turkey’s central bank said on Monday it expects tobacco-related inflation to continue increasing this month, after price rises in that group pushed overall consumer prices up by 1.69 percent month-on-month in April.

In its monthly price developments report, the central bank also said pressure is rising on the Turkish consumer from stronger producer-price costs. (Writing by Ezgi Erkoyun; Editing by Jonathan Spicer)

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