Turkey's inflation surges to 54.4 percent, highest since 2002
Turkey's inflation surges to 54.4 percent, highest since 2002
March 03, 2022 / 11:28 AM
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Sharjah24 - AFP: Turkey's annual inflation rate in February hit a two-decade high, data from the statistics agency showed Thursday, caused by President Recep Tayyip Erdogan's unorthodox policies to cut interest rates and a weakening currency.
Consumer prices increased by 4.8 percent in February and reached 54.4 percent, the data revealed.
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