Turkish inflation hits almost 80%, peak might be near

Turkey’s inflation jumped to 24-year high of 79.6 percent in July

Food prices jumped 94.65 percent while prices in the transportation sector soared 119.11 percent.

Turkey achieved 79.6% inflation during the month of July, the highest in 24 years

According to estimates, the inflation index will reach 91% in the third quarter and will only slow to 69% by the end of this year, placing the country behind the worst economies in the world such as: Zimbabwe, Venezuela and Lebanon

Inflation in Turkey rises to nearly 80 per cent, hitting consumers

Annual inflation in Turkey soared to nearly 80 per cent in July, official data showed Wednesday, with skyrocketing food, housing and energy prices hitting consumers hard.

Turkey: Inflation hits almost 80 pct, peak could be near

Turkish inflation rose to a fresh 24-year high of 79.6 percent in July, data showed on Wednesday as the lira’s continued weakness and global energy and

Turkish inflation hits almost 80%, peak might be near

Month-on-month, consumer prices rose 2.37 per cent in July, the Turkish Statistical Institute said, below a Reuters poll forecast of 2.9 per cent. Annually, consumer...

Inflation in Turkey Rises to Nearly 80%, Hitting Consumers

ISTANBUL — Annual inflation in Turkey soared to nearly 80% in July, official data showed Wednesday, with skyrocketing food, housing… Continue reading Inflation in Turkey Rises to Nearly 80%, Hitting ConsumersThe post Inflation in Turkey Rises to Nearly 80%, Hitting Consumers appeared first on The National Herald.