KTFA Samson » January 3rd, 2022 Turkey records the highest inflation rate in 20 years 3rd January, 2022 Inflation in December reached 36.08% at an annual rate in Turkey, at a record rate since 2002 due to the collapse of the exchange rate of the Turkish lira, according to official figures published Monday. This rise in consumer prices, which is seven times higher than the government’s primary goal, is due to the significant decline in the exchange rate of the Turkish lira, which lost 45% of its value against the dollar over a year. The inflation rate, which reached 21.31%…
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