Turkey hopes to rein in runaway inflation

Jun 6th 2022 7:41am EDT

Consumer prices rose by 73.5% year-on-year in May The Turkish government hopes to slow down the country’s staggering inflation rate and bring it to just under 50% by year end, the Milliyet newspaper reported on Monday. One of the government’s “most important goals” is to ensure “a permanent decrease of inflation rates,” the publication quoted […]

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