Inflation in Turkey reached 70%

According to official statistics released by Turkey, the annual inflation rate in Turkey in April due to the Russia-Ukraine conflict and rising energy and commodity prices, following the fall of the lira last year, to the highest, according to official statistics. The rate has reached 69.97 percent in the last two decades.

Rising prices, just one year before the presidential and parliamentary elections that could last a long time Erdogan End, has put a lot of pressure on families.

Politics Erdogan The decline in interest rates has been widely criticized over the past year, with many blaming rising inflation.

According to the Turkish Statistical Institute, the country’s monthly inflation rate has risen to 7.25%.

Also, the figure announced by the Turkish Statistical Office is 68% higher than the figure published by the Central Bank.

Food prices have risen 89 percent and shipping costs 105.86 percent since last year.

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