Page 17 - TURKRptMay20

4.0​ Real Economy 4.1​ Industrial production
4.2​ Inflation
The official March annual inflation rate in Turkey ​has come​ in at 11.86% compared to February’s 12.37%.
“It’s possible that some governments may start to view inflation as a way of reducing the burden of debt accumulated as a result of the current crisis,” Shearing said on April 6 in comments under the title “How to think about the inflationary consequences of COVID-19”.
17​ TURKEY Country Report​ May 2020 ​ ​www.intellinews.com