ANKARA, Turkey — Annual inflation in Turkey somewhat relieved in November for the veryfirst time in more than a year, according to authorities figures launched on Monday, although it stays close to 24-year highs.
Consumer rates for the year increased by 84.39% in November, down from 85.51% taped in October, the Turkish Statistical Institute revealed. The month-to-month inflation rate was 2.88% in November, compared with 3.51% in the previous month.
It is the veryfirst time that yearly inflation has relieved because May2021
“As we have formerly mentioned through different media, we have left the peak in inflation behind us and wentinto a down pattern — unless there is an unforeseen worldwide advancement,” Treasury and Financ