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Turkey's inflation climbs to 68.5% despite continued rate hikes

Turkey's inflation climbs to 68.5% despite continued rate hikes

A money changer holds Turkish lira and U.S. dollar banknotes at a currency exchange office in Ankara, Turkey December 16, 2021.

Cagla Gurdogan | Reuters

Turkey’s annual inflation rose to 68.5% for the month of March, an increase on February’s 67.1% inflation read, according to the

The monthly rise in consumer prices came out at 3.16%, led by education, communication, and hotels,…

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