Turkish President Recep Tayyip Erdogan has received a boost ahead of May elections with the country’s annual inflation rate slowing to 50% in March. – EPA pic, April 3, 2023.
Turkey’s annual inflation rate slowed to 50% in March, official data showed today, delivering another boost for President Recep Tayyip Erdogan ahead May elections. The inflation rate slowed for a fifth consecutive month from a high of more than 85%, according to the state statistics agency. Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!
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