Monday, October 03, 2022

Turkey inflation hits new 24-year high of 83% after rate cuts | Reuters

Turkey inflation hits new 24-year high of 83% after rate cuts Reuters ISTANBUL, Oct 3 (Reuters) - Turkish annual inflation climbed to a new 24-year high of 83.45% in September, data showed on Monday, still lower than forecast, after the central bank surprised markets by cutting rates twice in the last two months. More:Turkey inflation hits new 24-year high of 83% after rate cuts | Reuters