{"id":864,"date":"2022-06-05T20:36:46","date_gmt":"2022-06-05T20:36:46","guid":{"rendered":"https:\/\/economistme.com\/?p=864"},"modified":"2024-01-24T20:39:04","modified_gmt":"2024-01-24T20:39:04","slug":"inflation-in-turkey-jumps-to-the-highest-level-in-24-years-it-reached-73-5","status":"publish","type":"post","link":"https:\/\/economistme.com\/?p=864","title":{"rendered":"Inflation in Turkey jumps to the highest level in 24 years, it reached 73.5%"},"content":{"rendered":"

Data showed today, Friday, that the annual inflation rate in Turkey jumped to its highest level in 24 years, recording 73.5% in May, a level lower than expectations, but it is driven by the repercussions of the war, the rise in commodity prices and the lira that has been declining since a crisis in December.
\nThe Turkish Statistical Institute said consumer prices rose 2.98% on a monthly basis, compared to expectations in a Reuters poll for a 4.8% increase.
\nOn an annual basis, consumer price inflation was expected to be 76.55%.
\nThe domestic producer price index rose 8.76% month-on-month in May, an annual increase of 132.16%.<\/p>\n","protected":false},"excerpt":{"rendered":"

Data showed today, Friday, that the annual inflation rate in Turkey jumped to its highest level in 24 years, recording 73.5% in May, a level lower than expectations, but it is driven by the repercussions of the war, the rise in commodity prices and the lira that has been declining since a crisis in December. …<\/p>\n","protected":false},"author":1,"featured_media":865,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[51],"tags":[],"class_list":["post-864","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-news"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t