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Turkey's Inflation Set to Pass 60% as Oil Price Worsens Outlook

(Bloomberg) Turkish inflation probably exceeded 60% for the first time this year as higher energy costs complicate efforts to contain domestic demand with jumbo interest-rate hikes.Most Read from BloombergWhy a US Recession Is Still Likely — and Coming SoonAirbnb Is Fundamentally Broken, Its CEO Says. He Plans to Fix It.JPMorgan’s Dimon Predicts 3.5-Day Work Week for Next Generation Thanks to AI Key Taiwan Tech Firms Helping Huawei With China Chip PlantsSevere Crash Is Coming for US Office Pr ....

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Turkey's Inflation Tops 61% as Surging Oil Prices Worsen Outlook

(Bloomberg) Turkish inflation accelerated to the fastest this year as higher energy costs complicate efforts to contain domestic demand with jumbo interest-rate hikes.Most Read from BloombergWhy a US Recession Is Still Likely — and Coming SoonAirbnb Is Fundamentally Broken, Its CEO Says. He Plans to Fix It.Key Taiwan Tech Firms Helping Huawei With China Chip PlantsJPMorgan’s Dimon Predicts 3.5-Day Work Week for Next Generation Thanks to AI Severe Crash Is Coming for US Office Properties, Surv ....

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Turkish inflation seen to climb to 3-yr high in November

Turkey's annual inflation rate is expected to have climbed to its highest level in three years in November, according to a Reuters poll, after the lira plunged to historic lows. ....

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