Turkey inflation hit 68.5% ahead of election

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8 months ago

ISTANBUL — Turkey’s annual inflation rate climbed to 68.5 percent in March, data showed on Wednesday, underscoring a major reason for the massive losses sustained by President Tayyip Erdogan’s party in nationwide local elections at the weekend. Monthly inflation was 3.16 percent, the Turkish Statistical Institute said, easing from 4.53 percent and 6.7 percent in

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inflation

ahead

election

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