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OECD core inflation (inflation less food and energy) remained broadly stable at 6.1% in May, after 6.2% in April. Food inflation stabilised slightly below 5.0% for the third month in a row, following a continued decline between November 2022 and March 2024. 🔗https://whttps://brnw.ch/21wLhFX | #OECDstats #Inflation

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Veyis Fertekligil, PhD

Economist/Independent Consultant

1mo

Turkish food inflation amazing! A result of years of bad and incompetent economic and agricultural policies of the current government…

In the top two spots, Mexico, the neighbor of the United States, and Turkey, the neighbor of the European Union, both respond with, "Geography is destiny" when asked.

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