_turkey39s-inflation-rate-surges-to-an-alarming-70-central-bank-implements-massive-50-rate-hike.jpg "Turkey's Inflation Rate Surges to an Alarming 70%, Central Bank Implements Massive 50% Rate Hike from less than mba Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:40
👁 View: 500K times
✓ Published: 04-May-2024
👁 View: 500K times
✓ Published: 04-May-2024
Description:
Turkey's inflation rate accelerated to nearly 70% annually in April. This is the highest annual increase since November 2022, when it reached approximately 85%. Prices rose over 3% on a monthly basis, driven by increases in alcohol, tobacco, hotels, and restaurants. While high, the April inflation rate was lower than analysts' expectations. Turkey's central bank hiked rates to 50% to combat inflation, saying tight policy would continue until prices reliably declined. Analysts say inflation may fall in the second half of 2024 but are less optimistic about the pace of decrease.
Turkey's inflation rate accelerated to nearly 70% annually in April. This is the highest annual increase since November 2022, when it reached approximately 85%. Prices rose over 3% on a monthly basis, driven by increases in alcohol, tobacco, hotels, and restaurants. While high, the April inflation rate was lower than analysts' expectations. Turkey's central bank hiked rates to 50% to combat inflation, saying tight policy would continue until prices reliably declined. Analysts say inflation may fall in the second half of 2024 but are less optimistic about the pace of decrease.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_instant-reaction-patriots-draft-drake-maye-with-3rd-overall-pick.webp "Join CLNS Media's Taylor Kyles, John Zannis, and Mike Kadlick for the Patriots Draft Central show, where they provide instant reactions to Round 1 of the 2024 NFL Draft. Tune in as they delve into the New England Patriots' strategic decision to select quarterback Drake Maye with the 3rd overall pick. Don’t miss their analysis on how this key selection could impact the team's future <br/><br/>Get in on the excitement with PrizePicks, America’s No. 1 Fantasy Sports App, where you can turn your hoops knowledge into serious cash. Download the app today and use code CLNS for a first deposit match up to $100! Pick more. Pick less. It’s that Easy!")
_what-will-a-39supercharged39-hurricane-season-look-like.webp "AccuWeather Hurricane Expert Alex DaSilva talks about the potential for major hurricanes in 2024 with the start of hurricane season being less than a month away.")
_martin-lewis-issues-important-message-to-parents-earning-less-than-80000.webp "Martin Lewis issues important message to parents earning less than £80,000 Source This Morning, ITV")
_ketchikan-adventurevue-alaskan-off-road-tour.webp "Come along for a ride in the Alaskan wilderness with ATV Rider contributor Seth Fargher and Ketchikan Adventurevue off-road tours.<br/><br/>--<br/><br/>ATV Rider contributor Seth Fargher just returned from an Alaskan vacation that included salmon fishing and an off-road tour of the Alaskan wilderness with Ketchikan Adventurevue. Fortunately for the rest of us, Seth turned his getaway into a working vacation so he could bring us along for the ride. Make sure you also check out Seth’s “5-star” review of Ketchikan, Adventurevue Alaskan off-road tours. These tours are conducted in a new fleet of Yamaha Wolverine UTVs for guests to drive, and the tour includes lunch and transportation for less than $250 per person.<br/><br/>Full story here: https://www.atvrider.com/story/videos/watch-ketchikan-adventurevue-alaskan-off-road-tour-video/<br/><br/>Video By: Seth Fargher")
_layden-robinson-draft-grade-124-patriots-draft-reaction-w92-kyles-amp-kadlick.webp "OL Layden Robinson was selected by the New England Patriots in the fourth round (103rd overall) of the 2024 NFL Draft. To delve into this pick, join CLNS Media's Taylor Kyles and Mike Kadlick on CLNS Media's Draft Central. They will assess and grade Robinson's selection, analyzing how well he fits into the Patriots' offensive line plans and what his addition could mean for the team's future. <br/><br/>Get in on the excitement with PrizePicks, America’s No. 1 Fantasy Sports App, where you can turn your hoops knowledge into serious cash. Download the app today and use code CLNS for a first deposit match up to $100! Pick more. Pick less. It’s that Easy!")
_evaluating-patriots-day-3-draft-picks-amp-offense-heading-into-2024-124-greg-bedard-patriots-podcast.webp "In the latest episode of the Greg Bedard Patriots Podcast, Greg and Nick discuss Christian Barmore's significant 4-year contract extension worth up to $92 million. They also evaluate New England's Day 3 draft picks, providing grades for each selection.<br/><br/>EPISODE TIMELINE:<br/><br/>0:00 Christian Barmore extended<br/><br/>6:38 WR Troy Franklin’s fall<br/><br/>8:20 OG Layden Robinson<br/><br/>18:05 WR Javon Baker<br/><br/>22:34 CB Marcellas Dial<br/><br/>22:50 QB Joe Milton<br/><br/>30:07 TE Jaheim Bell<br/><br/>30:50 Lightning Round Post-Draft Questions<br/><br/>38:15 Pecking order in Patriots WR room<br/><br/>Check Greg's Coverage out over at www.bostonsportsjournal.com, for $50 on BSJ's annual plan. Not only do you get top-notch analysis of all the Boston pro sports, but if you're a Patriots junkie — and if you're listening to this podcast, you are — then a membership at BSJ gives you access to a ton of video analysis Bedard does on the coaches film, and direct access to him in weekly chats.<br/><br/>This episode of the Greg Bedard Patriots Podcast w/ Nick Cattles is brought to you by:<br/><br/>PrizePicks! Get in on the excitement with PrizePicks, America’s No. 1 Fantasy Sports App, where you can turn your hoops knowledge into serious cash. Download the app today and use code CLNS for a first deposit match up to $100! Pick more. Pick less. It’s that Easy!<br/><br/>Gametime! Take the guesswork out of buying NBA tickets with Gametime. Download the Gametime app, create an account, and use code CLNS for $20 off your first purchase. Download Gametime today. Last minute tickets. Lowest Price. Guaranteed. Terms apply. Go to https://gametime.co !<br/>")
⏲ 47:32 👁 46.2M
_these-common-items-can-do-more-than-you-think.webp "Animation is created by Bright Side.<br/>----------------------------------------------------------------------------------------<br/>Music from TheSoul Sound: https://thesoul-sound.com/<br/> <br/>Check our Bright Side podcast on Spotify and leave a positive review! https://open.spotify.com/show/0hUkPxD34jRLrMrJux4VxV<br/> <br/>Subscribe to Bright Side: https://goo.gl/rQTJZz<br/>----------------------------------------------------------------------------------------<br/>Our Social Media:<br/>Facebook: https://www.facebook.com/brightside<br/>Instagram: https://www.instagram.com/brightside.official<br/>TikTok: https://www.tiktok.com/@brightside.official?lang=en<br/> <br/>Stock materials (photos, footages and other):<br/>https://www.depositphotos.com<br/>https://www.shutterstock.com<br/>https://www.eastnews.ru<br/>----------------------------------------------------------------------------------------<br/> For more videos and articles visit:<br/>http://www.brightside.me<br/> ----------------------------------------------------------------------------------------<br/>This video is made for entertainment purposes. We do not make any warranties about the completeness, safety and reliability. Any action you take upon the information in this video is strictly at your own risk, and we will not be liable for any damages or losses. It is the viewer's responsibility to use judgement, care and precaution if you plan to replicate.")
_less-than-half-are-confident-the-police-can-solve-crimes.webp "Only just under 40% of those polled believed that the police are doing a good job, with the majority believing they’re providing a worse service than 30 years ago.")
_instant-reaction-patriots-draft-drake-maye-with-3rd-overall-pick.jpg)
_what-will-a-39supercharged39-hurricane-season-look-like.jpg)
_martin-lewis-issues-important-message-to-parents-earning-less-than-80000.jpg)
_ketchikan-adventurevue-alaskan-off-road-tour.jpg)
_layden-robinson-draft-grade-124-patriots-draft-reaction-w92-kyles-amp-kadlick.jpg)
_evaluating-patriots-day-3-draft-picks-amp-offense-heading-into-2024-124-greg-bedard-patriots-podcast.jpg)
_these-common-items-can-do-more-than-you-think.jpg)
_less-than-half-are-confident-the-police-can-solve-crimes.jpg)
![[+]](/images/menu.gif){kind=small}