Turkey inflation rate could be stabilising as it crosses 80% ...Kuwait

Turkey's official inflation rate barely changed on Monday in a sign that a year-long crisis that has seen prices soar by 80 percent may finally be starting to ease. The TUIK state statistics agency said that consumer prices rose by 80.2 percent in August from a year earlier. The figure was fractionally higher than the 79.6 percent reported in July and only a small bump up from the 78.6 percent reading in June. Turkey’s official inflation rate has reached 80.2%. ENAG, a group of independent researchers, puts inflation at 181%. A poll this summer showed 7 out of 10 Turks believe ENAG’s figures over the official ones. — Piotr Zalewski (@p_zalewski) September 5, 2022

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Turkey inflation rate could be stabilising as it crosses 80% ...Kuwait

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