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Turkey Faces 38% Inflation Amid Cost-of-Living Crisis

5/2/2025

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Summary

Story summary

Turkey is grappling with a staggering cost-of-living crisis, as inflation soars to 38% in March 2025. Families are feeling the pinch with food prices skyrocketing over 70% and rents in major cities doubling. Amid political turmoil, the lira plummets to record lows, deepening the public's distrust in the economy.

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Story summary

Turkey is grappling with a staggering cost-of-living crisis, as inflation soars to 38% in March 2025. Families are feeling the pinch with food prices skyrocketing over 70% and rents in major cities doubling. Amid political turmoil, the lira plummets to record lows, deepening the public's distrust in the economy.