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Turkey’s inflation sees biggest monthly jump since August, nears 65% year-on-year

Turkey's inflation sees biggest monthly jump since August, nears 65% year-on-year

A tram passes shoppers as it travels along Istiklal Street in the Beyoglu district of Istanbul, Turkey, on Tuesday, Dec. 19, 2023.

Bloomberg | Bloomberg | Getty Images

In January, Turkish inflation logged its biggest monthly jump since August with a 6.7% rise from December, while year-on-year inflation hit nearly 65%, according to the Turkish Central Bank’s figures released Monday.

The consumer price index (CPI) for the country of 85 million…


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