もっと詳しく

By Akin Nazli in Belgrade Official consumer price index (CPI) inflation in Turkey amounted to 83% y/y in September, following on from the 80% announced for August, the Turkish Statistical Institute (TUIK, or TurkStat) said on October 3 (chart). The September figure is the highest headline inflation rate recorded by Turkey since the 85% posted in July 1998. At 83%, Turkey stays in sixth place in the world inflation league. Turkey has led the global inflationary period. Now, it is to lead the stagflation/slumpflation period. Critics of the Erdogan administration claim the official growth figures…