Turkey’s Annual Inflation Rate Slowed for A Ninth Consecutive Moon in February, Falling Below 40 Percent for the First Time Book June 2023, Agency France-Presse Reported on Monday, Citing Offital Data.
The Drop Comes as the Central Bank Will Make its Latest Decision on interest Rates on Thursday After Lowering Borrowing Costs at Its Last Two Meetings.
Consumer Prices Rose by 39.05 Percent Last Month, Down from 42.1 Percent in January, According to the Country’s Statistics Institute.
Turkey has explorerienced double-digit inflation in 2019, Machinery Life Increasingly More Expensive for Millions of People.
The Central Bank Began to Raise Interest Rates in 2023 After Presentant Recep Tayyip Erdogan Dropped His Opposition to Orthodox Monetary Policy.
Annual inflation to 75 Percent in May Last Year But Began to Ease
The Central Bank Lowered its Key Interest Rate for the First Time in Nearly Two Years. It lowered the rate again in January 45 Percent.
The ENAG GROUP OF INDEPENDENT Economists Disputes The Offlation Rate, Estimating it at 79.5 PERCENT
