Comment on Turkey's inflation soars to two-decade high of almost 49%

Turkey's inflation soars to two-decade high of almost 49%

Turkey's annual inflation soared to a 20-year high of 48.7% in January, data showed on Thursday, fueled by President Recep Tayyip Erdogan's push for unorthodox interest rate cuts and a resulting crash in the currency late last year.

 

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