_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 vbiax price 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: 80K times
✓ Published: 04-May-2024
👁 View: 80K 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
_mcdonald39s-3m-executives-sound-the-alarm-consumers-feel-the-pinch-of-higher-prices.webp "Executives from McDonald's, 3M, and other large companies warned that consumers feel the pinch of higher prices. McDonald's CEO said consumers are more discriminating with spending due to elevated day-to-day costs. 3M saw \")
_sampp500-vfinx-vs-balanced-index-vbiax.webp "Stock Portfolio Analysis")
_what-is-happening-w-virgin-galactic-today-spce-earnings-estimates-spce-def14a-submitted.webp "Trending Stocks")
⏲ 9 minutes 6 seconds 👁 65
_2024-honda-br-v-what-sets-it-apart-from-its-competitors-124-top-gear-philippines.webp "The first-generation BR-V was a huge hit for Honda, and the current second-gen model continues that trend. In the subcompact seven-seater class, it gains an advantage over its competitors by providing not just the practicality and space prioritized by buyers in this segment, but also handsome styling, class-leading safety features thanks to Honda SENSING, and good fuel economy in the city and on the highway.<br/> <br/>Looking for your next family car? Here are five reasons you should consider the 2024 Honda BR-V. You can also learn more about it here: www.hondaphil.com<br/><br/>Paid partnership with Honda Cars Philippines<br/><br/>Dig cars?<br/>Read more about cars and motoring here: http://www.topgear.com.ph<br/>Like us on Facebook: http://www.facebook.com/TopGearPH<br/>Tweet us: http://www.twitter.com/TopGearPH<br/>Follow us on Instagram: http://www.instagram.com/TopGearPH<br/>Join us on Tiktok: https://www.tiktok.com/@topgearph<br/><br/>#topgearph #hondabrv #Bravethenextlevel #HondaSENSING")
_top-5-monthly-dividend-etfs-with-high-growth.webp "BWB - Business With Brian")
_luke-littler-claims-second-european-tour-and-fourth-title-in-2024-as-he-enhances-stance-as-player-to-beat-in-world-darts.webp "All headlines in the darting world are once again pointing towards teenage sensation Luke Littler. As the Premier League leader produced another top-drawer display on the Euro Tour, here’s a look at his latest achievement to date.")
_09-jack-bogle-on-asset-allocation-and-market-collapse-2014.webp "Mark Witte")
_what-dave-ramsey-doesn39t-like-about-investing-in-etfs.webp "The Ramsey Show Highlights")
_mcdonald39s-3m-executives-sound-the-alarm-consumers-feel-the-pinch-of-higher-prices.jpg)
_sampp500-vfinx-vs-balanced-index-vbiax.jpg)
_what-is-happening-w-virgin-galactic-today-spce-earnings-estimates-spce-def14a-submitted.jpg)
_2024-honda-br-v-what-sets-it-apart-from-its-competitors-124-top-gear-philippines.jpg)
_top-5-monthly-dividend-etfs-with-high-growth.jpg)
_luke-littler-claims-second-european-tour-and-fourth-title-in-2024-as-he-enhances-stance-as-player-to-beat-in-world-darts.jpg)
_09-jack-bogle-on-asset-allocation-and-market-collapse-2014.jpg)
_what-dave-ramsey-doesn39t-like-about-investing-in-etfs.jpg)
![[+]](/images/menu.gif){kind=small}