17 C
Los Angeles
Monday, November 28, 2022

Tag: inflation in Turkey

Goldman sees Turkey inflation of near 80% before relief comes

New York (The Times Groupe)- Inflation in Turkey has reached over 70 percent. Yet, Goldman Sachs predicted on Friday that annual inflation in Turkey will reach almost 80% before decreasing to 60% by the end of 2022 due to favourable base effects.

OECD inflation hits 9.2% in April as food, services prices accelerate

Moscow (The Times Groupe)- OECD data released on Thursday shows a 9.2% increase in inflation year-over-year in April, compared with an 8.8% rise in March.

Turkey raises gas prices for industry, households

Istanbul (Times Of Ocean)- Turkish state-owned energy importer BOTAS said it had raised natural gas prices for industrial facilities by 50% and those for households by 35% late on Thursday, raising the prospect of further stoking inflation, which is expected to top 60% in March.

- A word from our sponsors -

Follow us

HomeTagsInflation in Turkey