Economic news
Erdogan: Turkey’s inflation will fall to 40% in months, 20% in 2023
2022.12.12 14:32
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© Reuters. FILE PHOTO: President of Turkey Recep Tayyip Erdogan delivers his messages to the journalists in G20 Summit’s news conference in Media Center, BICC, Nusa Dua, Badung Regency, Bali, Indonesia, November 16, 2022. ADITYA PRADANA PUTRA/G20 Media Center/Hando
ANKARA (Reuters) – Turkey’s President Tayyip Erdogan said on Monday it was “apparent” that inflation would fall to around 40% in a few months, and further to 20% in 2023.
Turkey’s annual inflation declined to 84.39% in November, data showed last week, easing from a peak of 85.51% a month earlier.
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