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Turkey

Erdogan: Turkey’s inflation will fall to 40% in months, 20% in 2023

Turkish President Recep Tayyip Erdogan . EPA/SEDAT SUNA

ANKARA, Dec 12 (Reuters) – Turkey’s President Tayyip Erdogan said on Monday it was “apparent” that inflation would fall to around 40% in a few months, and further to 20% in 2023.

Turkey’s annual inflation declined to 84.39% in November, data showed last week, easing from a peak of 85.51% a month earlier.

(Reporting by Ece Toksabay; Editing by Andrew Heavens)

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