Turkey’s inflation hits 85.5%! Well, even the worst commodity holds up against it!


ISTANBUL, Nov 3 (Reuters) – Turkish annual inflation climbed to a new 24-year high of 85.51% in October, official data showed on Thursday, slightly below forecast, after the central bank cut its policy rate despite surging prices.

Reporting by Gdansk newsroom and Nevzat Devranoglu; Writing by Ali Kucukgocmen Editing by Raissa Kasolowsky, Tomasz Janowski and Emelia Sithole-Matarise


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h/t starshippr


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