Annual inflation in Turkey reaches record 25-year high of 85.5%

Annual inflation in Turkey reaches record 25-year high of 85.5% Euronews Thu, 3 November 2022 at 7:20 am·1-min read Annual inflation in Turkey rose to a record 25-year-high high of 85.51% in October, according to official figures. Consumer prices also rose by 3.54% from the previous month, the Turkish Statistical Institute (TUIK) said on Thursday, driving up the price of essential goods and amplifying the country's cost-of-living crisis. More:Annual inflation in Turkey reaches record 25-year high of 85.5%