Turkey hit with soaring prices as inflation reaches 24-year high - short news
Growth in annual prices jumped from 73.5% in May to 78.6% in June, but the real rate could be double the official figure
Turkey’s official inflation rate jumped to almost 80% last month – the highest in 24 years – as president Recep Tayyip Erdoğan’s unconventional economic policies continued to drive up the cost of living.
The growth in annual prices jumped from 73.5% in May to 78.6% in June, according to the Turkish statistics agency.Continue reading...
source: The Guardian - 04.07.2022