Turkish inflation rate hit a record high
Author:Guangming Daily Time:2022.08.14
The latest data released by the Turkish Statistics Bureau recently showed that the domestic inflation rate in July had soared to 79.6%, a record high since 1998.
The well -known international credit rating institution has lowered Turkey's credit rating from B+to B.According to industry analysts, the continuous loose monetary policy and the cost of global energy and commodities generally rising are the main factor in pushing the domestic inflation rate in China.The average inflation rate of the country will reach 80.5%in this year, and the price of food and non -alcoholic beverages that are closely related to the lives of the people is expected to be close to 94.7%.
In order to ensure the basic life of the working class, the Turkish government recently announced that the minimum salary line has been raised by 30%to 5500 miles.The picture shows the local people in the supermarket that is constantly raising the price of grain and oil.
Reporter in Ankara reporter Jing Kai/Guangming Picture
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