Turkey’s annual consumer inflation climbed to a 24-year high of 85.5% in October as prices rose 3.5% month-on-month, the statistics agency announced Thursday amid growing doubts that it could be glossing over gloomier market realities.
Clothing, food and household equipment prices drove the surge in October, rising respectively by more than 8%, 5% and 4% from the previous month, data by the Turkish Statistical Institute (TUIK) showed.
