Turkey's cost of living soars nearly 70%

2 years ago 27
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Consumer prices in Turkey soared nearly 70% in April from a year ago, official figures show.

Transport, food prices and household furnishings recorded the sharpest rise in annual inflation - transport costs jumped by 105% over the year.

Countries around the world are dealing with a growing cost of living crisis.

But Turkey's problems have been made worse by its president's reluctance to raise interest rates - a commonly used tool to help cool inflation.

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