ANKARA, Feb. 4 (Xinhua) -- Turkey is likely to live with high inflation throughout 2022, economists predicted. The annual inflation rate in Turkey has reached a 20-year high of 48.7 percent in January, according to official data published on Thursday. While Finance and Treasury Minister Nured...
Turkiye’s inflation ratehas broken records after its consumer price index (CPI) touched 80.21 per cent on an annual rate in August 2022. This is the first time since the country’s official inflation rate crossed 80 per cent since 1998. A change in general ind...
Turkey's annual inflation rate jumped to a 24-year high of 78.62 percent in June, driven by soaring commodity prices, a slide in the lira, and the impact of the Ukraine crisis. CGTN correspondent Michal Bardavid talked to citizens.
Since the second half of 2019, Turkey’s inflation rate has consistently been in double digits, with inflation accelerating at the fastest rate in 2022.
People shop at a supermarket in Ankara, Turkey, March 7, 2022. Turkey's high inflation rate has yet to fade, even after the government introduced measures to combat price hikes, and high inflation is expected to continue due to a global rise in energy prices and complicated geographical situ...
List of countries with Current Inflation Rate. Browse from the list or see the details + historical rate of a country. Values calculated from official CPI data.
The African country had the fourth highest rate of inflation on the continent in 2022 and it is forecast to get worse this year. The rise in global food prices from the coronavirus pandemic and the war in Ukraine are two main causes for the inflation, along with fiscal policies that saw...
The inflation rate plays an important role in determining the health of an economy. Countries with extremely high inflation rates are said to havehyperinflationand when this occurs the economy is often near collapse. See:Hyperinflation in Turkey and Argentina Today ...
The source forecast that, in 2023, the cost of digital display advertising in Argentina will increase by 66 percent, on average. The medium's average inflation rate in Turkey and Taiwan will reach 44 and 11 percent that year, respectively. ...
1. We forecast real household spending in Turkey to grow by 3.5% over 2022, down from the high base of 8.5% in 2021 as favourable base effects wear off. 2. Consumer confidence declined steadily over H221 as households battled double-digit inflation and a sharply devalued lira. Confidence ...