Turkey’s inflation soars to 54.4% even before oil jump kicks in

March 03, 2022 3:30 PM

ISTANBUL (BLOOMBERG, REUTERS) – Turkey’s annual inflation jumped more than expected to 54.4 per cent in February, according to data on Thursday (March 3), a two decade high fuelled by a crash in the lira currency late last year and higher commodity prices.

Source : https://www.straitstimes.com/business/economy/turkeys-inflation-soars-to-544-even-before-oil-jump-kicks-in