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Asharq Al-Awsat
Asharq Al-Awsat
Business
Asharq Al-Awsat

Türkiye’s Annual Inflation Hits New 24-Year High at 83.45%

Inflation Türkiye United States Turkish Statistical Institute Recep Tayyip Erdoğan
A man waits for clients at an open air food market, in Ankara, Türkiye, Sunday, July 31, 2022. (AP)

Türkiye’s annual inflation reached a new 24-year high of 83.45% in September, according to official data on Monday, pushing the cost of essential goods higher and further hitting households already facing high energy, food and housing costs.

The Turkish Statistical Institute said consumer prices rose by 3.08% from the previous month.

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