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Inflation Hits 41-Month Peak As Energy Hikes Hurt Markets


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#1 Abi

Abi

    Puppy Guardian

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Posted 04 May 2012 - 10:08 AM


I want to know why the price of tomatoes has suddenly shot up to near 5TL a kilo?


Turkey's monthly consumer prices increased in April by 1.52 percent over March, bringing the annualized consumer price index (CPI) to 11.14 percent, the Turkish Statistics Institute (TurkStat) announced on Thursday.



Energy price hikes in early April are being held responsible for the high inflation. The ruling Justice and Develop-ment Party (AK Party) government announced 18.72 percent and 9.26 percent increases in natural gas and electricity prices, respectively, on April 1......

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