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Turkey's inflation tops 85% as Erdogan continues to rule out interest rate hikes

Por: CNBC Business November 03, 2022

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Russians tourists to Europe decreased dramatically over the summer, but rose in several other destinations, including Turkey (here).Onur Dogman Sopa Images Lightrocket Getty ImagesInflation in Turkey rose for the 17th consecutive month in October, hitting 85.5% year-on-year as food and energy prices continued to climb, according to official figures.Food prices were 99% higher than the same period last year, housing rose by 85% and transport was... + full article



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