Baku 4° C
Turkey expects peak of inflation in spring
Finance
- 03 February, 2022
- 08:00
The Turkish Ministry of Finance predicts the peak of inflation in April, Minister of Treasury and Finance Nureddin Nebati said, Report informs referring to NTV channel.
“We predict that inflation will peak in April below 50%,” Nebati said.
In 2021, annual inflation in Turkey accelerated to 36.08% amid fluctuations in the lira exchange rate. The depreciation of the national currency intensified amid several consecutive cuts in the discount rate by the country's central bank.
Author
Latest News
11:26
Azerpost: Postage stamp dedicated to crashed AZAL plane to be distributed worldwide
Infrastructure11:22
AZAL: Commemorative stamp dedicated to crashed plane holds deep moral value
Infrastructure11:20
Azerbaijan's parliament kicks off its plenary session with 11 items on agenda
Milli Majlis11:14
VP: AZAL plane faced unlawful physical interference near Grozny airport
Infrastructure11:09
International conference on child protection in digital space opens in Baku
Foreign policy10:51
Ali Asadov highlights Azerbaijan–Türkiye forum as key dialogue platform
Business10:46
Photo
Postage stamp issued in memory of AZAL plane crashed in Kazakhstan
ICT10:33
At least 5 people dead after Mexican Navy plane goes down in Texas
Other countries10:27