Submit your comments on this article |
The Grand Turk |
Turkey inflation slows for first time since 2021: official |
2022-12-06 |
[Rudaw] ...the occupiers of Greek Asia Minor... 's inflation slightly slowed in November for the first time since May 2021, official data showed on Monday. The rate slowed to 84.39 percent, according to state statistics agency TUIK, down from 85.51 percent in October. Even inflation has to take a break to breathe a second. Now, onward to new highs!! Turkey's inflation has steadily risen since reaching a low of 16.6 percent in May 2021. Once they ran out of the money confiscated from the Gulenists and the army officers accused of trying to overthrow the Erdogan government, all that swanning around establishing the neo-Ottoman sultinate got expensive fast. It’s hard on the Turkish workers and business owners, but it’s not like they really matter. Independent economists, however, say the rate is more than twice as high.According to a respected monthly study released by independent economists from Turkey's ENAG research institute, the annual rate of consumer price increases reached 170.70 percent in November. President His Enormity, Sultan Recep Tayyip Erdogan the First ![]() at the weekend forecast that consumer prices rises would soon slow down. "We will witness the rapid descent of inflation soon and we will see together that the dirty scenarios built on this trouble are torn and thrown away," he said. Erdogan's government blames inflation on outside factors such as the global spike in food and energy prices caused by Russia's invasion of Ukraine. |
Posted by:trailing wife |
#1 Slows down... Yup. For Sure. Also, Always shop at Honest |
Posted by: Nomad 2022-12-06 05:49 |