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Turkey’s inflation passes 75% in what economists believe is peak

Turkey's inflation passes 75% in what economists believe is peak

City scene Yeni Camii great mosque by Golden Horn of Bosphorus River, Topkapi Palace, Hagia Sophia Istanbul, Republic of Turkey 

Tim Graham | Getty Images

Inflation in Turkey topped 75% in May, up from 69.8% in April, in what economists expect to be the peak before prices start to ease.

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…


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