Great news for Turkey! 🇹🇷 The country's annual inflation rate has slowed down for the ninth consecutive month, dropping below the 40% mark for the first time since June 2023. 📉
In February, consumer prices increased by 39.05%, a significant decrease from January's 42.1%. This downward trend offers a glimmer of hope for residents feeling the pinch of rising costs.
The Turkish Statistics Institute reported these figures on Monday, highlighting a positive shift in the economic landscape. With inflation easing, young people, professionals, and businesses might find a more stable environment to thrive in.
Stay tuned to amigonews.net for more updates on how this changes the day-to-day life in Turkey and what it means for the global economy!
Reference(s):
cgtn.com
