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Inflation in Turkiye hits 58 9 percent

Inflation in Turkiye hits 58 9 percent
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Turkey records 58 9 percent annualized inflation in August

Turkey records 58 9 percent annualized inflation in August
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Turkish Inflation Jumps to Nearly 59%, More Than Expected

Türkiye’s annual inflation rate surged to a higher-than-expected 58.94% in August, official data showed on Monday, rising for a second month after a steep fall in the lira currency and recent tax increases. Month-on-month, consumer price inflation was 9.09%, easing slightly from 9.49% a month earlier. Price rises in transportation drove the monthly measure higher, while price increases for hotels, cafes and restaurants drove the annual measure.

Turkish inflation jumps to nearly 59%, more than expected

Turkish inflation jumps to nearly 59%, more than expected
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Turkish inflation spinning out of control

Turkish inflation spinning out of control
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