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Erdogan says will lower Turkish prices soon as possible -Breaking

by Mike Robinson

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© Reuters. FILEPHOTO: Turkish President Tayyip Turkey addresses the media at a cabinet meeting, Ankara, Turkey on December 20, 2021. Murat Cetinmuhurdar/PPO/Handout via REUTERS

ANKARA (Reuters] – Turkey’s President Tayyip Erdogan stated Wednesday that prices will be brought down soon after December’s record-breaking annual inflation. The rise was largely attributable to a crisis in the currency market caused by Erdogan’s unorthodox low rates policy.

Erdogan spoke to parliamentarians from the ruling AK Party, stating that the inflation numbers were out of line with the economic reality in Turkey. He hoped to reap the economic benefits of Ankara’s economic policies in the summer.

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