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  • 04-02-21

    Turkey to not compromise on measures in fighting inflation

    (MENAFN)January inflation statistics are far from the country's targets, declaring that the government will never agree on measures in fighting the inflation, according to Turkey's Finance Minister Lutfi Elvan.

    Elvan wrote on twitter that "We will act with consultation mechanisms that include all parties. Sustainable growth is not possible without achieving price stability."

    According to the country’s statistical authority, Turkey recorded 14.97 percent yearly increase in consumer prices in previous month.

    The Turkish Statistical Institute (TurkStat) declared that the yearly number increased 0.37 percentage points previous month, growing from 14.60 percent in December the previous year.

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