Erdogan pledges to tackle record inflation in Turkey | DW News

DW News published this video item, entitled “Erdogan pledges to tackle record inflation in Turkey | DW News” – below is their description.

Turkish President Recep Tayyip Erdogan has pledged to bring down Turkey’s soaring inflation. Inflation jumped to 36% last month, seriously eroding the earnings of millions of Turks.

DW News YouTube Channel

Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.


About This Source - DW News

DW News is a global English-language news and information channel from German public international broadcaster Deutsche Welle, established in summer 2015.

Recent from DW News:

Ukraine sentenced Russian soldier to life in first war crimes trial | DW News

Watch live: How to avert a global food crisis? | World Economic Forum 2022

Watch live: Kyiv mayor Vitaly Klitschko on the current situation in Ukraine | WEF 2022

In This Story: Inflation

In economics, inflation refers to a general progressive increase in prices of goods and services in an economy. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money.

1 Recent Items: Inflation

Wieting: Recession isn’t a necessary component of how we get to a lower inflation rate

In This Story: Turkey

Turkey, officially the Republic of Turkey, is a transcontinental country located mainly on the Anatolian Peninsula in Western Asia, with a smaller portion on the Balkan Peninsula in Southeastern Europe.

Istanbul, which straddles Europe and Asia, is the country’s largest city, while Ankara is the capital. The majority of the population identifies as Turkish, around 20% identify as Kurdish.

3 Recent Items: Turkey

Biden speech: Sweden, Finland NATO membership ‘needed now more than ever’

China’s Belt and Road Initiative, explained

The fall of Mariupol, Turkey and NATO, Far-right ideology goes mainstream, France’s new government

Leave a Comment

We don't require your email address, or your name, for anyone to leave a comment. If you do add an email address, you may be notified if there are replies to your comment - we won't use it for any other purpose. Please make respectful comments, which add value, and avoid personal attacks on others. Links are not allowed in comments - 99% of spam comments, attempt to post links. Please describe where people may find additional information - for example "visit the UN website" or "search Google for..." rather than posting a link. Comments failing to adhere to these guidelines will not be published.

Posting....