• İstanbul 2 °C
  • Ankara -9 °C

Turkey achieves major gains in economy: Minister

Turkey achieves major gains in economy: Minister
Turkish treasury and finance minister says country left behind major stage in fighting inflation

By Aysu Bicer

ANKARA (AA) - Turkey is advancing step by step to meet 5% annual inflation rate target, the country's treasury and finance minister said on Thursday.

In a Twitter post, Berat Albayrak said, in line with the government targets, the country left behind a major stage in the fight against inflation.

On Thursday, the country's statistical authority TurkStat reported that the annual inflation figure in September dropped to single digit for the first time since July 2017.

"We will carry this success in inflation and current account balance to all areas of the economy," Albayrak added.

Turkey saw an annual hike of 9.26% in consumer prices last month, falling 5.75 percentage points from 15.01% in August.

Over the last decade, annual inflation saw its lowest level at 3.99% in March 2011, while it peaked at 25.24% in October 2018.

source: News Feed
This news is a total 125 time has been read
UYARI: Küfür, hakaret, rencide edici cümleler veya imalar, inançlara saldırı içeren, imla kuralları ile yazılmamış,
Türkçe karakter kullanılmayan ve büyük harflerle yazılmış yorumlar onaylanmamaktadır.
This news yet comment has been added .
Other News
All Rights Reserved © May 2014 US Muslims | Unauthorized and the resources published.
Haber Scripti: CM Bilişim