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| Name | Inflation In Turkey Nears 70% | Dawn News English |
| Video Uploader | Video From DawnNews English |
| Upload Date | This Video Uploaded At 04-05-2024 15:40:00 |
| Video Discription | Turkish annual consumer price inflation reached 69.8% in April, as per official data released on Friday, marking the highest level since late 2022. Notably, this figure was slightly below expectations but demonstrated significant increases in education, restaurants, and hotel prices. Finance Minister Mehmet Simsek commented on the numbers, stating that April's month-on-month inflation, at 3.18%, was in line with expectations, similar to March's rate of 3.16%. Simsek projected a sharp decline in annual inflation starting from May, aligning with government forecasts. A Reuters poll anticipated April's annual inflation to be 70.33%, with expectations of a decline to 43.5% by the end of 2024, influenced by an aggressive year-long monetary tightening cycle --------------------------------------------------------------------------------------------------------------------------- Dawn News English is your window into the latest news, insight, and features from South Asia and beyond. Official Facebook: https://www.facebook.com/dawndotcom/ Official Twitter: https://twitter.com/dawn_com Website: www.dawn.com Official Instagram: https://www.instagram.com/dawnnewsenglish #turkiye #economy #internationalnews #TurkishInflation #TurkeyEconomy #InflationRate #EconomicCrisis #TurkeyNews #InflationNews #EconomyNews #TurkishLira #LiraValue #CurrencyExchange #TurkeyInflationRate #EconomicGrowth #InflationConcerns #TurkeyEconomicCrisis #news #latestnews #dawnnewsenglish #dawnnews Pc4SXC2XXe0 |
| Category | News & Politics |
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