Published 2 years ago

Data puts Turkey’s annual inflation at 78.6%, a 24-year high

Summary by Ground News

Inflation in Turkey in June soared to an annual rate of 78.6 percent. Inflation had stood at 73.5 percent in May and at 15.0 percent at the start of last year. Independent estimates published by Turkish economists showed prices rising at more than double that figure.

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Times of India

Data puts Turkey's annual inflation at 78.6 per cent, a 24-year high

The Turkish leader insists that high borrowing costs cause inflation - a position that contradicts established economic thinking - and advocats lowering interest rates to boost growth and exports.

2 years ago·India

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The Guardian

Turkey hit with soaring prices as inflation reaches 24-year high

Growth in annual prices rose from 73.5% in May to 78.6% in June, but real rate could be double official figure

2 years ago·London, United Kingdom

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Associated Press News

Data puts Turkey’s annual inflation at 78.6%, a 24-year high

Annual inflation in Turkey hit 78.62% in June, the highest rate since 1998. The Turkish Statistical Institute released the monthly figures on Monday. Turkey is experiencing a deepening cost-of-living crisis.

2 years ago·United States

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abc News

Data puts Turkey’s annual inflation at 78.6%, a 24-year high

Annual inflation in Turkey hit 78.62% in June, the highest rate since 1998

2 years ago·United States

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CNN

Inflation soars to nearly 80% in Turkey as food prices double

Turkey's annual rate of inflation hit almost 80% in June — its highest level in about two decades.

2 years ago·Atlanta, United States

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The Star Kuala Lumpur

Turkey's inflation hits two-decade high of 78.6 pct

ANKARA, July 4 (Xinhua) -- Turkey's annual inflation surged to 78.62 percent in June, the highest since 1998, the Turkish Statistical Institute announced on Monday. Read full story

2 years ago·Malaysia

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