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Is the 73% inflation number true? Experts say it is more like 156%. "The Inflation Research Group (ENAG), an independent group of academics and economists work
by throwaway_1928 4y ago
Is the 73% inflation number true? Experts say it is more like 156%.
"The Inflation Research Group (ENAG), an independent group of academics and economists working on key data that map economic performance, however, on Thursday said the country’s month-on-month consumer prices rose 8.68 percent, while annual inflation jumped to 156.86 percent in April."
https://turkishminute.com/2022/05/05/inflation-soars-to-nearly-70-percent-in-april/ https://turkishminute.com/2022/05/05/inflation-soars-to-near...
- can16358p 4y agoThat's the official number, which is well below the truth. I'd say the reality is around 100%. But with global gas prices also increasing the cost of transportation almost quadrupled in a year.