Turkey Grapples with Skyrocketing Inflation
Posted on 06/03/2022
The head of Turkey’s statistics agency’s consumer price department resigned just days before the departmen released May 2022’s skyrocketing inflation data. Turkey’s inflation climbed to its highest level since 1998. Turkey’s inflation for the month of May rose by 73.5% year on year, its highest in 23 years. Turkish President Recep Tayyip Erdogan has been…
