Turkey's inflation passes 75% in what economists believe is peak
Turkey's inflation passes 75% in what economists believe is peak
www.cnbc.com Turkey's inflation passes 75% in what economists believe is peak
Inflation in Turkey topped 75% in May in what economists expect to be the peak before prices start to ease.
KEY POINTS
- Consumer prices rose 75.45% in May on an annual basis and 3.37% on a monthly basis, according to the Turkish Statistical Institute, a government agency.
- The sectors seeing the steepest annual consumer price rises were education at 104.8%, housing at 93.2%, and hotels, cafes and restaurants at 92.9%.
- Economists had previously forecast that inflation in the country of 85 million would peak around 75% before beginning to ease.
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Confetti money. This is exactly why something like Monero has to exist. priced in Monero house prices, for example, are falling rapidly
🚨Monero bag holder spotted🚨
But how big is the bag?
The bag is empty. That's what the expression "left holding the bag" means. You just end up with an empty bag because you were cheated out of everything else.
Lmfao
Moon wen? 🚀🚀🚀
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