PUBLISHED : 3 Oct 2023 at 16:45
ISTANBUL – Turkey’s annual inflation rate held steady near 60 percent last month, official data showed Thursday, offering the first evidence that President Recep Tayyip Erdogan’s economic policy U-turn was working.
The TUIK state statistics agency said consumer prices rose 61.5% over the 12-month period ending in September.
The annual rate stood at 58.9% in August and…