04-01-2022, 08:34 AM
January 4, 2022
1:53 AM +08
Last Updated 7 hours ago
By Daren Butler and Jonathan Spicer
ISTANBUL, Jan 3 (Reuters) - Turkey's annual inflation rate surged to 36.1% last month, its highest in the 19 years that Tayyip Erdogan has ruled, laying bare the depths of a currency crisis engineered by the president's unorthodox interest rate-cutting policies.
In December alone, consumer prices took a rare step into double-digits, rising 13.58%
https://www.reuters.com/world/middle-eas...022-01-03/
1:53 AM +08
Last Updated 7 hours ago
By Daren Butler and Jonathan Spicer
ISTANBUL, Jan 3 (Reuters) - Turkey's annual inflation rate surged to 36.1% last month, its highest in the 19 years that Tayyip Erdogan has ruled, laying bare the depths of a currency crisis engineered by the president's unorthodox interest rate-cutting policies.
In December alone, consumer prices took a rare step into double-digits, rising 13.58%
https://www.reuters.com/world/middle-eas...022-01-03/