Turkey’s annual inflation reached a new 24-year high of 83.45% in September, according to official data on Monday, pushing the cost of essential goods higher and further hitting households already facing high energy, food and housing costs.
Month-on-month, consumer prices rose 3.08%, the Turkish Statistical Institute said, compared to a Reuters poll forecast of 3.8%. Annually, consumer price inflation was forecast to be 84.63%.
It was the highest annual figure since July 1998, when it stood at 85.3% and Turkey was battling to end a decade of chronically high inflation.
