City
Epaper

Turkey's annual inflation hits 36.08%, highest in 20 yrs

By IANS | Updated: January 4, 2022 10:40 IST

Ankara, Jan 4 Turkey's annual inflation has surged to 36.08 per cent year-on-year in December, the highest level ...

Open in App

Ankara, Jan 4 Turkey's annual inflation has surged to 36.08 per cent year-on-year in December, the highest level since September 2002, the country's Statistical Institute revealed.

The Institute said on Monday that the country's consumer prices raised by 13.58 month-on-month in December 2021, Xinhua news agency reported.

The producer price index increased by 19.08 per cent on a monthly basis, with an annual rise of 79.89 per cent, it added.

Turkey's economy saw a robust growth in 2021 as financial institutes are predicting a 9 per cent growth in the country's GDP.

The high inflation and forex instability have however, cast a shadow over the growth in 2022.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: AnkaraTurkeyStatistical instituteInstitute
Open in App

Related Stories

NationalMumbai-Bound Virgin Atlantic Flight Stuck at Turkish Military Airport With Over 250 Flyers

NationalMumbai-London Atlantic Flight Makes Emergency Landing, More Than 200 Indian Flyers Stuck in Turkey With No Aid

InternationalTurkey Hotel Fire: 10 Dead, 32 Injured in Devastating Blaze At Ski Resort

InternationalTurkey Terrorist Attack: 5 Killed, 22 Injured in Blast, Firing on TUSAS Aerospace Company Headquarters

InternationalTurkey Lifts Instagram Ban After Agreement on Compliance with Local Laws

Politics Realted Stories

Maharashtra'Unity Not Just for Elections': MNS Leader Sandeep Deshpande on Possible Thackeray Alliance

PoliticsMurshidabad Violence: Shehzad Poonawalla Slams Yusuf Pathan Over Tea Post, Says, “As Hindus Get Slaughtered…”

PoliticsTamil Nadu Assembly Elections 2026: BJP-AIADMK Join Hands, Palaniswami To Lead Alliance, Says Amit Shah

Politics‘No Injustice to Muslims’: Shiv Sena Leader Manisha Kayande Slams Opponents of Waqf Amendment Bill

NationalParliament Passes Waqf Amendment Bill: Two JDU Leaders Resign Over Party's Support