Turkey’s annual inflation has hit its highest level in 24 years, worsening the cost-of-living crisis facing the country, even as political opposition parties claim that real numbers are worse than official figures. The 12-month Consumer Price Index (CPI), which measures inflation on an annual basis, hit 85.51 percent in October, according to a press release from…
Turkey’s Annual Inflation Hits Two-Decade High of 85 Percent
November 3, 2022
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Business & Marketseconomic policieseconomyEuropehigh inflationinflationlow interest ratesPresident Tayyip Erdoganturkey inflationturkish liraWorld
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