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Monday, July 04, 2022

Turkish inflation hits two-decade high of 78.6%

Turkish inflation hits two-decade high of 78.6% A money changer holds Turkish lira banknotes at a currency exchange office in Ankara, Turkey October 12, 2021. REUTERSPIX ISTANBUL: Inflation in Turkey in June soared to an annual rate of 78.6 percent -- the highest in 24 years, according to official data released Monday -- as President Recep Tayyip Erdogan's unconventional economic policies continued to take their toll. More:Turkish inflation hits two-decade high of 78.6%