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Breaking: War Rekindles Prices in Turkey... The Lira Continues Its Historic DropThe annual inflation rate in Turkey has accelerated for the second consecutive month in May, signaling increasing economic pressures stemming from the global energy shock ignited by the conflict between the U.S. and Israel on one side and Iran on the other.
Official data released on Friday showed that the annual inflation rate surged to 32.6% in May, compared to 32.4% in April.
Breaking: War Rekindles Prices in Turkey... The Lira Continues Its Historic Drop
The annual inflation rate in Turkey has accelerated for the second consecutive month in May, signaling increasing economic pressures stemming from the global energy shock ignited by the conflict between the U.S. and Israel on one side and Iran on the other.
Official data released on Friday showed that the annual inflation rate surged to 32.6% in May, compared to 32.4% in April.
Official data released on Friday showed that the annual inflation rate surged to 32.6% in May, compared to 32.4% in April.
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