Anna Cooban and Isil Sariyuce, CNN Busines, Author at newswatchplus.ph https://www.newswatchplus.ph Fri, 05 Jul 2024 12:56:40 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.5 /wp-content/uploads/2025/08/cropped-logo-nwp-32x32.png Anna Cooban and Isil Sariyuce, CNN Busines, Author at newswatchplus.ph https://www.newswatchplus.ph 32 32 Inflation soars to nearly 80% in Turkey as food prices double https://www.newswatchplus.ph/2022/07/05/inflation-soars-to-nearly-80-in-turkey-as-food-prices-double/ Tue, 05 Jul 2022 12:31:56 +0000 https://newswatchplus-staging.azurewebsites.net/?p= (CNN) — Turkey’s annual rate of inflation hit almost 80% in June — its highest level in about two decades. Consumer prices increased by 78.6% last month compared to June 2021, driven by the soaring cost of food and drink and transportation. Food prices have almost doubled in a year, while the cost of transport

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