Annual inflation in Turkey increased from 58.94% in August to 61.53% in September. Prices increased by 4.75% on a monthly basis. In this respect reports Turkish Statistical Institute (TUIK).
At the same time, independent group ENAG predicts annual inflation will be 130.13% in September. Previously, the Central Bank of the Republic of Turkey increased its year-end inflation forecast from 22.3% to 58% compared to previous expectations.
“Given the upward trend in oil prices, the central bank’s monetary tightening campaign may have to push rates to a higher peak level than initially expected,” he said. Bloomberg Investment Finance Chief Economist Erol Gürkan.
Early September in Turkey guess By the end of 2023, inflation will be approximately 70%.
Previously in Britain stated About the recession in the German economy.