Turkish inflation slows to 44.3% in December
- Turkey's consumer price index inflation slowed to 44.3% in December, down from 47.1% in November, according to the Turkish Statistical Institute .
- The ENAG Inflation Research Group reported a higher inflation figure of 83.4% for December, disputing the official numbers.
- The Central Bank of Turkey lowered its key interest rate to 47.5% for the first time in nearly two years, aiming to manage inflation.
- The government raised Turkey's minimum wage by 30% to 22,104 lira effective January 1, which was less than the workers' union's demand for a 70% increase.
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Leaning Left0Leaning Right1Center3Last UpdatedBias Distribution75% Center
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- 75% of the sources are Center
75% Center
C 75%
R 25%
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