Turkey’s inflation soars to 73%, a 23-year high, as food and energy costs rise

Re:Turkey’s inflation soars to 73%, a 23-year high, as food ... by throwaway_1928 on Saturday June 04, 2022 @04:13PM (#31624589)

Is the 73% inflation number true? Experts say it is more like 156%.

"The Inflation Research Group (ENAG), an independent group of academics and economists working on key data that map economic performance, however, on Thursday said the country’s month-on-month consumer prices rose 8.68 percent, while annual inflation jumped to 156.86 percent in April."

https://turkishminute.com/2022/05/05/inflation-soars-to-near...

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Re:Turkey’s inflation soars to 73%, a 23-year high, as food ... by can16358p on Sunday June 05, 2022 @03:02AM (#31628705)

That's the official number, which is well below the truth.

I'd say the reality is around 100%.

But with global gas prices also increasing the cost of transportation almost quadrupled in a year.

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