The Inflation Research Group (ENAG) has calculated Turkey’s annual consumer inflation rate as 142.63 percent while the official figure stands at 61.14 percent.
The Turkish Statistical Institute has announced that the Consumer Price Index increased by 5.46 percent monthly and 61.14 percent annually in March.
Shopkeepers are tired of listening to people’s problems and changing price tags and embarrassed to tell customers a price amid constantly rising prices. As for customers, they are desperate: “Some even ask the tare weight of plastic bags to be deducted”.
High inflation in #Turkey looks more like the second half of 1990s when CPI declined in EMs while remaining high in Turkey (but also declining) vs. first half when EM+TR experienced high inflation.
Inflation rising now in EMs, but 🇹🇷 a clear outlier without a reasonable excuse. pic.twitter.com/hKTiPaaUb5
— Emre Akcakmak (@akcakmak) April 6, 2022
Uretici fiyatları %115 ile, Mart 1995'teki %144'ten beri en yuksek seviyeye ulaştı (son 27 yılın en yuksek duzeyi). Mart 1995'te, bugünlerde tekrar gündeme gelen Tansu Ciller başbakan idi…https://t.co/G3N89MQ35Y pic.twitter.com/TrWYbgEXwQ
— Taylan Bilgiç (@taylanbilgic) April 4, 2022
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