Inflation in Turkey soars to 73.5%

Jun 3rd 2022 8:14am EDT

The spike is the biggest in nearly a quarter century, according to data Turkish inflation hit a 24-year high in May amid pressure from skyrocketing food and energy prices. Official data showed on Friday that consumer prices rose 73.5% in year-on-year terms last month, up from 70% in April. The latest figure surpassed the 73.2% […]

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