_turkey39s-inflation-rate-surges-to-an-alarming-70-central-bank-implements-massive-50-rate-hike.jpg "Turkey's Inflation Rate Surges to an Alarming 70%, Central Bank Implements Massive 50% Rate Hike from gm stock price today us dollars Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:40
👁 View: 605K times
✓ Published: 04-May-2024
👁 View: 605K times
✓ Published: 04-May-2024
Description:
Turkey's inflation rate accelerated to nearly 70% annually in April. This is the highest annual increase since November 2022, when it reached approximately 85%. Prices rose over 3% on a monthly basis, driven by increases in alcohol, tobacco, hotels, and restaurants. While high, the April inflation rate was lower than analysts' expectations. Turkey's central bank hiked rates to 50% to combat inflation, saying tight policy would continue until prices reliably declined. Analysts say inflation may fall in the second half of 2024 but are less optimistic about the pace of decrease.
Turkey's inflation rate accelerated to nearly 70% annually in April. This is the highest annual increase since November 2022, when it reached approximately 85%. Prices rose over 3% on a monthly basis, driven by increases in alcohol, tobacco, hotels, and restaurants. While high, the April inflation rate was lower than analysts' expectations. Turkey's central bank hiked rates to 50% to combat inflation, saying tight policy would continue until prices reliably declined. Analysts say inflation may fall in the second half of 2024 but are less optimistic about the pace of decrease.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_101-random-facts-that-are-awesomely-weird.webp "Ever wondered about some totally off-the-wall facts that'll blow your mind? Well, we gotcha covered with this video! It's chock-full of 101 random tidbits that are seriously bizarre but oh-so-cool. From funky animal behaviors to mind-blowing historical nuggets, there's somethin' in there for everyone. Warning: these facts might change the way you see the world, so watch with caution. Animation is created by Bright Side.<br/>----------------------------------------------------------------------------------------<br/>Music from TheSoul Sound: https://thesoul-sound.com/<br/> <br/>Check our Bright Side podcast on Spotify and leave a positive review! https://open.spotify.com/show/0hUkPxD34jRLrMrJux4VxV<br/> <br/>Subscribe to Bright Side: https://goo.gl/rQTJZz<br/>----------------------------------------------------------------------------------------<br/>Our Social Media:<br/>Facebook: https://www.facebook.com/brightside<br/>Instagram: https://www.instagram.com/brightside.official<br/>TikTok: https://www.tiktok.com/@brightside.official?lang=en<br/> <br/>Stock materials (photos, footages and other):<br/>https://www.depositphotos.com<br/>https://www.shutterstock.com<br/>https://www.eastnews.ru<br/>----------------------------------------------------------------------------------------<br/> For more videos and articles visit:<br/>http://www.brightside.me<br/> ----------------------------------------------------------------------------------------<br/>This video is made for entertainment purposes. We do not make any warranties about the completeness, safety and reliability. Any action you take upon the information in this video is strictly at your own risk, and we will not be liable for any damages or losses. It is the viewer's responsibility to use judgement, care and precaution if you plan to replicate.")
_little-everyday-secrets-that-will-make-your-life-easier.webp "Knowing those little everyday secrets is like having cheat codes for life, seriously. Whether it's a trick to untangle your earphones in seconds or the perfect way to fold a fitted sheet (spoiler alert: it's magic), these hacks can save you time, stress, and maybe even a headache or two. Thing is, most of us don't even realize the hidden superpowers of everyday stuff until someone spills the beans. I mean, who knew that little indent on the bottom of your wine bottle was actually a spot to rest your thumb while you pour? Mind blown, right? So, pay attention, folks! These secrets might just be the keys to unlocking a smoother, easier life.Animation is created by Bright Side.<br/>----------------------------------------------------------------------------------------<br/>Music from TheSoul Sound: https://thesoul-sound.com/<br/> <br/>Check our Bright Side podcast on Spotify and leave a positive review! https://open.spotify.com/show/0hUkPxD34jRLrMrJux4VxV<br/> <br/>Subscribe to Bright Side: https://goo.gl/rQTJZz<br/>----------------------------------------------------------------------------------------<br/>Our Social Media:<br/>Facebook: https://www.facebook.com/brightside<br/>Instagram: https://www.instagram.com/brightside.official<br/>TikTok: https://www.tiktok.com/@brightside.official?lang=en<br/> <br/>Stock materials (photos, footages and other):<br/>https://www.depositphotos.com<br/>https://www.shutterstock.com<br/>https://www.eastnews.ru<br/>----------------------------------------------------------------------------------------<br/> For more videos and articles visit:<br/>http://www.brightside.me<br/> ----------------------------------------------------------------------------------------<br/>This video is made for entertainment purposes. We do not make any warranties about the completeness, safety and reliability. Any action you take upon the information in this video is strictly at your own risk, and we will not be liable for any damages or losses. It is the viewer's responsibility to use judgement, care and precaution if you plan to replicate.")
_10-star-trek-actors-who-have-appeared-in-the-most-shows.webp "Before Picard season 3, let's take stock which actors have appeared in the most shows....")
_facts-that-prove-animals-are-way-weirder-than-you-thought.webp "Preview photo credit: <br/>ElPolloPayaso / Reddit <br/>Great Barrier Reef Foundation, barrierreef.org <br/>Animation is created by Bright Side.Animation is created by Bright Side.<br/>----------------------------------------------------------------------------------------<br/>Music from TheSoul Sound: https://thesoul-sound.com/<br/> <br/>Check our Bright Side podcast on Spotify and leave a positive review! https://open.spotify.com/show/0hUkPxD34jRLrMrJux4VxV<br/> <br/>Subscribe to Bright Side: https://goo.gl/rQTJZz<br/>----------------------------------------------------------------------------------------<br/>Our Social Media:<br/>Facebook: https://www.facebook.com/brightside<br/>Instagram: https://www.instagram.com/brightside.official<br/>TikTok: https://www.tiktok.com/@brightside.official?lang=en<br/> <br/>Stock materials (photos, footages and other):<br/>https://www.depositphotos.com<br/>https://www.shutterstock.com<br/>https://www.eastnews.ru<br/>----------------------------------------------------------------------------------------<br/> For more videos and articles visit:<br/>http://www.brightside.me<br/> ----------------------------------------------------------------------------------------<br/>This video is made for entertainment purposes. We do not make any warranties about the completeness, safety and reliability. Any action you take upon the information in this video is strictly at your own risk, and we will not be liable for any damages or losses. It is the viewer's responsibility to use judgement, care and precaution if you plan to replicate.")
_fast-food-restaurants-reports-decline-in-same-store-sales-reflecting-inflation-and-consumer-pressures.webp "Yum! Brands, owner of KFC, Taco Bell, and Pizza Hut, reported a 3% decline in same-store sales for the first quarter, which was expected due to inflation, consumer demand pressures, and geopolitical issues. Pizza Hut and KFC saw same-store sales declines of 7% and 2%, while Taco Bell grew by 1%. Starbucks reported a 4% drop in global comparable store sales driven by a 6% transaction decline, as more cautious consumers cut back. McDonald's comparable sales grew just under 2% in the first quarter, as the CEO noted broad consumer price pressures reducing discretionary spending.")
⏲ 0:48 👁 610K
_random-facts-you-never-needed-but-now-can39t-forget.webp "Get ready for a whirlwind tour of the most mind-blowing tidbits that'll have you saying, \")
_the-only-place-planet-x-could-be-hiding.webp "Scientists think there might be another planet lurking in our solar system, but we haven't found it yet. The best guess is that it's chilling way out there beyond Pluto, where it's super dark and icy. Some folks even think it's hiding in the distant Kuiper Belt, blending in with all those other space rocks. But hey, until we get some solid proof, it's like trying to find a needle in a cosmic haystack. Still, the hunt's on, and who knows, maybe one day we'll stumble upon our mysterious ninth planet.#brightside <br/><br/>Animation is created by Bright Side. <br/>----------------------------------------------------------------------------------------<br/>Music from TheSoul Sound: https://thesoul-sound.com/ <br/><br/>Listen to Bright Side on: <br/>Spotify - https://open.spotify.com/show/0hUkPxD34jRLrMrJux4VxV<br/>Apple Podcast - https://podcasts.apple.com/podcast/idhttps-podcasts-apple-com-podcast-bright-side/id1554898078<br/>----------------------------------------------------------------------------------------<br/>Our Social Media:<br/>Facebook - https://www.facebook.com/brightside/<br/>Instagram - https://www.instagram.com/brightside.official/<br/>Tik Tok - https://www.tiktok.com/@brightside.official?lang=en<br/>Snapchat - https://www.snapchat.com/p/c6a1e38a-bff1-4a40-9731-2c8234ccb19f/1866144599336960<br/><br/>Stock materials (photos, footages and other):<br/> https://www.depositphotos.com <br/>https://www.shutterstock.com <br/>https://www.eastnews.ru <br/>----------------------------------------------------------------------------------------<br/>For more videos and articles visit: http://www.brightside.me")
_mcdonald39s-posts-disappointing-q1-results-amid-ongoing-boycotts.webp "McDonald's Posts , Disappointing Q1 Results , Amid Ongoing Boycotts.<br/>'The Independent' reports that McDonald's posted weaker-<br/>than-expected results in the first quarter of 2024, as a result <br/>of a boycott over the company's perceived support for Israel. .<br/>'The Independent' reports that McDonald's posted weaker-<br/>than-expected results in the first quarter of 2024, as a result <br/>of a boycott over the company's perceived support for Israel. .<br/>According to McDonald's, higher sales in the <br/>United States helped the fast-food giant overcome <br/>weakness in markets where the brand is being boycotted.<br/>According to McDonald's, higher sales in the <br/>United States helped the fast-food giant overcome <br/>weakness in markets where the brand is being boycotted.<br/>The company saw same-store sales rise by <br/>1.9% worldwide between January and March, <br/>below the Wall Street forecast of 2.1%.<br/>Increased menu pricing and delivery demand <br/>saw same-store sales in the U.S. increase by 2.5%.<br/>In international markets, sales fell <br/>by 0.2% for the first time since 2020.<br/>Despite this, McDonald's said the company's revenue <br/>increased 5% to reach $6.17 billion, while net income went <br/>up 7% to $1.93 billion, in-line with Wall Street estimates.<br/>'The Independent' reports that Muslim-majority <br/>markets like Indonesia, Malaysia and the Middle East <br/>have been boycotting McDonald's for months.<br/>The boycotts started after a McDonald's franchise in <br/>Israel announced in October that it would provide free <br/>meals for Israeli troops amid the ongoing war in Gaza.<br/>In the months since then, the company has tried to limit <br/>the fallout by taking over all 225 McDonald's in the country <br/>with the purchase of Alyonal Limited, its Israeli franchise.<br/>Our hearts remain with <br/>the communities and families <br/>impacted by the war in the Middle East. <br/>We abhor violence of any kind and <br/>firmly stand against hate speech, <br/>and we will always proudly <br/>open our doors to everyone, McDonald's statement, via 'The Indepndent'.<br/>Our hearts remain with <br/>the communities and families <br/>impacted by the war in the Middle East. <br/>We abhor violence of any kind and <br/>firmly stand against hate speech, <br/>and we will always proudly <br/>open our doors to everyone, McDonald's statement, via 'The Indepndent'")
_101-random-facts-that-are-awesomely-weird.jpg)
_little-everyday-secrets-that-will-make-your-life-easier.jpg)
_10-star-trek-actors-who-have-appeared-in-the-most-shows.jpg)
_facts-that-prove-animals-are-way-weirder-than-you-thought.jpg)
_fast-food-restaurants-reports-decline-in-same-store-sales-reflecting-inflation-and-consumer-pressures.jpg)
_random-facts-you-never-needed-but-now-can39t-forget.jpg)
_the-only-place-planet-x-could-be-hiding.jpg)
_mcdonald39s-posts-disappointing-q1-results-amid-ongoing-boycotts.jpg)
![[+]](/images/menu.gif){kind=small}