Turkey hit with soaring prices as inflation reaches 24-year high

  Growth in annual prices jumped from 73.5% in May to 78.6% in June, but the real rate could be double the official figure Turkey’s official inflation rate jumped to almost 80% last month – the highest in 24 years – as president Recep Tayyip Erdo?an’s unconventional economic policies continuedto drive up the cost of living . The growth in annual prices jumped from 73.5% in May to 78.6% in June, according to the Turkish statistics agency. Continue reading... ..