Ankara [Turkey], July 13 (ANI): The latest lira slump, combined with soaring global energy and food prices, inflation now at 70 per cent and rising has placed Turkish President Recep Tayyip Erdogan in dire straits.
Ankara [Turkey], July 6 (ANI): With each passing day, Turkey's economic crisis is worsening and has caused many problems for the people due to food shortage, low wages, and high farming costs.
Ankara [Turkey], July 4 (ANI/Xinhua): Turkey's annual inflation surged to 78.62 per cent in June, the highest since 1998, the Turkish Statistical Institute announced on Monday.
Istanbul [Turkey], June 24 (ANI): Turkish President Recep Tayyip Erdogan has bleak chances to retain his position despite the advancement of elections as soaring inflation and continuous fall of the Turkish Lira have deteriorated the country's economy.
Ankara [Turkey], June 6 ( ANI/Sputnik): Turkey's inflation is projected to stand at 48-49 per cent by the end of this year, while by the end of 2023, it is expected to decrease to 19.9 per cent, Turkish Finance Minister Nureddin Nebati said on Monday.
Ankara [Turkey], April 30 (ANI/Sputnik): The situation with inflation in Turkey will begin to "regress" after May and the first positive developments in the country's economy will be observed in late 2022, given the steps and precautions taken by the government, Turkish President Tayyip Erdo