ISTANBUL, Oct 3 (Reuters) – Turkish inflation surged 6.3 percent month-on-month in September, official data showed on Wednesday, far exceeding the 3.6 percent forecast in a Reuters poll and underscoring the deepening impact of a currency crisis on the wider economy.
On a yearly basis, inflation spiked to 24.52 percent, the data from the Turkish Statistical Institute showed. That was the highest since the end of 2003.
Producer prices rose 10.88 percent month-on-month in September for an annual rise of 46.15 percent. (Reporting by Ali Kucukgocmen; Editing by David Dolan)