Turkey’s inflation rate soars to almost 70 percent | Business and Economy News

Turkey’s inflation rate soars to almost 70 percent |  Business and Economy News

The consumer price index has risen by 69.97 percent year-on-year in April compared with 61.14 percent in March. Turkey’s official inflation rate has spiralled to nearly 70 percent in April, posing a huge challenge to President Recep Tayyip Erdogan, whose unconventional economic policies are often blamed for the economic turmoil. The consumer price index rose … Read more