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Turkish inflation soars to nearly 70% in April

by John Pierce
July 3, 2023
in Business
1 min read
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Annual inflation in Turkey rate the flower more than expected for nearly 70% in April 20-year Average, official Thursday’s data showed amid the impact of of The conflict between Russia and Ukraine and rising Energy and commodity prices.

Consumer price The Turkish Statistical Institute (Turkstat) said the CPI rose to 69.97%. annual consumer price Inflation expectations were 68%.

Month-on-month, the institute said consumer prices rose monthly by 7.25%.

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