Turkish inflation surges to highest since 2003 | Turkish lira drops 1% after inflation heats up to 15% | Financial Times

Turkish lira drops 1% after inflation heats up to 15%

Report highlights inflationary impact of a nearly 20% fall this year in the lira

More:Turkish lira drops 1% after inflation heats up to 15% | Financial Times

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Turkish inflation surges to highest since 2003

Turkey’s inflation rate surged to 15.4 percent in June, the highest level since 2003, raising the prospect of further rate hikes by the country’s central bank.

More:Turkish inflation surges to highest since 2003 | Ahval

from Turkish Digest https://ift.tt/2tV17Ge

via CHPEU

About CHP EU Representation

The CHP was founded on 9 September 1923, about one and half month before the proclamation of the Republic of Turkey. The first President of modern Turkey’s oldest party was M. Kemal Atatürk. Today CHP is a social-democratic party, member of the Socialist International and associate member of the Socialist Group at the European Parliament. The scope of the CHP bureau in Brussels is not limited to the bilateral framework of Turkey's EU accession process. Issues such as the information society, energy policies, social development, climate change, international trade and security are among the different focus areas. The EU-Turkey relations are about integration and need multiple, plural and horizontal channels of communication. The CHP supports and promotes Turkey's EU membership process also by being more present and active in Brussels The CHP's Representative to the EU is Ms Kader Sevinç who previously worked as an MEP advisor at the European Parliament and in the private sector.
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