Friday, 29th March 2024
To guardian.ng
Search

Turkey’s inflation soars to 36% as Erdogan stays the course

By France24
05 January 2022   |   10:19 am
Inflation in Turkey has soared to its highest level in nearly two decades. Despite the 36% surge in consumer prices, President Recep Tayyip Erdogan has defended his unorthodox economic vision. France 24 Correspondent Jasper Mortimer has the latest from Ankara. Also in the show - the French government expands emergency support for businesses affected by the pandemic, and Apple becomes the first US company to be worth $3 trillion.

In this article

0 Comments

Your email address will not be published. Required fields are marked *

Related

21 Mar
Data from the January unaudited report on Nigeria’s pension funds industry portfolio shows the value of pension fund in dollar terms fell about by 29 per cent to $14.3 billion in January this year compared to the $20.4 billion recorded in December last year. Oguche Agudah, CEO of Pension Fund Operators Association of Nigeria joins CNBC Africa to discuss this and more.
22 Mar
23 Mar
Figures from the National Bureau of Statistics (NBS) in Nigeria show that the country's general inflation rose to 31.70% in February, which represented an increase of 1.80% compared to teh date registered in January.
4 days ago
Boeing's CEO will step down by the end of the year as part of a broader management shakeup at the company, which has been rocked by a series of safety mishaps in recent months.
3 days ago
Nigeria’s Monetary Policy Committee has commenced its second meeting of the year with analysts anticipating a tight monetary policy stance following February’s 400 basis points hike due to inflation risks. How’s the market bracing up for another rate hike?
1 day ago
The Nigerian government says it is investigating the $2.4 billion foreign exchange allocations and forward contracts which the Central Bank of Nigeria flagged as ineligible. Tilewa Adebajo, the CEO of CFG Advisory, joins CNBC Africa for this discussion.