Erdogan says will lower Turkish inflation to single digits

Reuters

Speaking at the annual general meeting of the Union of Chambers and Commodity Exchanges after winning Sunday's presidential election runoff, Erdogan said the government would attract investment to Turkey

Ezgi Erkoyun and Ali Kucukgocmen, Reuters News

May 30, 2023

PHOTO

ANKARA - Turkish President Tayyip Erdogan said on Tuesday the government was determined to take steps to protect citizens against high inflation and would lower it to single digits to relieve the burden on citizens.

Annual consumer price inflation dropped to 44% in April from a 24-year peak of 85.5% last year.

(Reporting by Ezgi Erkoyun and Ali Kucukgocmen; Writing by Daren Butler; Editing by Ece Toksabay)

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