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to official data from the Turkish Statistical Institute, its highest point since September 2002.
The figure, a steep double-digit climb from November, marks the seventh consecutive month of increasing inflation in Turkey. Annual price increases for necessities like transportation and food and drink rose even faster, the state data showed, reaching nearly 54% and 44% in December, respectively. The lira fell 5% on Monday following the government agency’s report—nearly 14 lira to the U.S. dollar—after crashing to record lows in 2021.
France Dernières Nouvelles, France Actualités
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