Turkish inflation soars to 36%, highest in Erdogan era - Printable Version
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Turkish inflation soars to 36%, highest in Erdogan era - Levin - 04-01-2022
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-east/turkey-inflation-surges-361-amid-lira-crisis-highest-since-2002-2022-01-03/