What's new

Inflation in Turkey almost 60% !!!

Homajon

FULL MEMBER
Jun 24, 2012
895
3
947
Country
Germany
Location
United Kingdom
Turkey’s annual inflation rate is almost 60 percent, finds research group

Ads%c4%b1z_tasar%c4%b1m


Shortly before the state agency TurkStat announced the official consumer inflation rate in Turkey in November 2021 as 21.31 percent, the Inflation Research Group (ENAG) had announced its own figure: 58.65 percent.

İstanbul - BIA News Desk
03 December 2021, Friday 13:08

Click to read the article in
Turkish


Established by a group of academics and announcing alternative inflation rates in Turkey, the Inflation Research Group (ENAG) has estimated that Turkey's monthly consumer inflation rate was 9.91 percent and annual inflation rate was 58.65 percent in November 2021.

According to the ENAG, the highest monthly increase in prices was seen in the category of "recreation and culture" with 21.11 percent. The lowest monthly increase in prices was in communications (1.38 percent).

546


Commenting on the figures on his social media account, ENAG executive Prof. Veysel Ulusoy has said, "Policy rate has dropped, inflation has increased. Inflation is approaching uncontrollable rates."

While the wide gap between the figures announced by the state agency Turkish Statistical Institute (TurkStat) and those of the ENAG is found striking, economists, journalists and opposition politicians have long been criticizing that the TurkStat figures do not reflect the truth.



(HA/SD)




CHP leader not allowed to enter TurkStat building after inflation announcement

20211203_2_51151783_71270517_web


Questioning the accuracy of the TurkStat figures, Kılıçdaroğlu wanted to visit officials of the statistical authority. He was not allowed to enter the building.
İstanbul - BIA News Desk

03 December 2021, Friday 14:49
Photos: AA

Click to read the article in
Turkish


Main opposition Republican People's Party (CHP) Chair Kemal Kılıçdaroğlu was prevented from entering the building of the Turkish Statistical Institute (TurkStat), the country's statistical authority.

After the TurkStat announced inflation figures for November, the accuracy of which were questioned by many, Kılıçdaroğlu said on Twitter that he would visit the institution.

"I requested an appointment from TurkStat. They didn't give one. For your information, I will be there at 11 a.m.," he wrote.

Ahead of his arrival, riot police were deployed in front of the TurkStat building in Ankara, the capital.

TurkStat officials did not let Kılıçdaroğlu, who was accompanied by CHP deputies Engin Özkoç and Selin Sayek-Böke, enter the building.

317


"The data is not reliable"
Kılıçdaroğlu then made a statement to reporters in front of TurkStat.

"The TurkStat figures concern our 84 million citizens. Political parties, economic circles and social circles make policies according to these figures.

"We asked for an appointment from the TurkStat Presidency yesterday ... They said an appointment was not given and they would not accept us."

"This picture is a very important one showing where Turkey has come," Kılıçdaroğlu said, noting that the authorities refuse to inform the country's main opposition party about how it obtained information to calculate the inflation rate.

Kılıçdaroğlu said the figures announced by the TurkStat were not reliable, pointing out the difference between the official figures and the inflation rate calculated by the Inflation Research Group (ENAG), a group of independent economists.

The ENAG announced the monthly inflation rate as 9.31 percent and the annual rate as 58.63 percent. (HA/VK)



The official inflation rate is a blatant lie!!!

Erdogan is leading Turkey to total destruction!!!
 

Homajon

FULL MEMBER
Jun 24, 2012
895
3
947
Country
Germany
Location
United Kingdom

Erdogan the liar wants to hide the truth from his people, but it won't work!
His people know the apocalyptical damage that he is doing to their lifes!!!
 

Pandora

SENIOR MEMBER
Feb 15, 2013
7,544
7
11,768
Country
Pakistan
Location
Australia
Is this news legit? That is ridiculously high inflation if true. Although it looks like this is a fabricated news.
 

xbat

FULL MEMBER
Sep 28, 2018
1,180
0
1,287
Country
Turkey
Location
Turkey
it is true, just 2,5 months ago USD was 8,2 tl, now a USD worth 13,8TL, 68% , this is insane, he must go ASAP, Whenever he talks USD jumps.
 

Muhammed45

SENIOR MEMBER
Oct 2, 2015
7,822
-9
12,802
Country
Iran, Islamic Republic Of
Location
Iran, Islamic Republic Of
it is true, just 2,5 months ago USD was 8,2 tl, now a USD worth 13,8TL, 68% , this is insane, he must go ASAP, Whenever he talks USD jumps.
Turkey doesn't have petroleum mines to compensate the currency degradation. People of Turkey will feel every penny in degradation of lira against dollar.

It is no joke to see that LPG jumps to 8.23 Lira, petrol flies to 9.67 lira and gasoline jumping to 9.78 Lira. While knowing the fact that a retired man in Turkey doesn't receive more than 2,700 Lira every month as stipend.

You better Ask for help from Qatar, if you didn't lose them after cozzying up to their regional Arab archrivals.
 

TNT

SENIOR MEMBER
Jun 2, 2019
5,644
-1
9,444
Country
Pakistan
Location
Pakistan
If thos OP is not a paid troll account for propaganda then what is? Seems to me a greek disguised as iranian.
 

SQ8

ADVISORS
Mar 28, 2009
36,792
445
80,183
Country
United States
Location
United States
Sultan Erdogan should recite the Quran publicly. Maybe it will help the cause? Clearly the financial policies aren’t working out so using Islam as the political tool might.
 

SQ8

ADVISORS
Mar 28, 2009
36,792
445
80,183
Country
United States
Location
United States
Very low level comment
That means you may be the right audience for the sultan or others like him who use Islam for self serving interests. Tomorrow you could be told that raping a 9 year old is ok as long as you recite “Bismillah” and make niyat of nikah. Because religion isn’t something for you to understand as a way of life but a cultural aspect to follow blindly.
 

jamesisi

FULL MEMBER

New Recruit

Apr 21, 2013
83
0
88
So like our people starts blaming the prime minister for inflation it’s a global issue effectively hurting even the richest countries in the world
so pmln ppp Juif are nuts
 

313ghazi

ELITE MEMBER
Mar 14, 2017
10,768
42
22,346
Country
Pakistan
Location
United Kingdom
That means you may be the right audience for the sultan or others like him who use Islam for self serving interests. Tomorrow you could be told that raping a 9 year old is ok as long as you recite “Bismillah” and make niyat of nikah. Because religion isn’t something for you to understand as a way of life but a cultural aspect to follow blindly.

Now that IS a low level comment to make. Why are you calling this guy a paedophile for? At the end of the day you're just disagreeing about some random Turkish politician. No need to abuse someone.

This increase in abusive rhetoric and extreme language by members on the forum is very concerning.

Everyone needs to take a chill pill. You're all falling for the deliberate waves of negativity were being bombarded with.

In all my time on the forum I've never read a bad comment from you.
 

Users Who Are Viewing This Thread (Total: 1, Members: 0, Guests: 1)


Top Bottom