ANKARA (Reuters) – Turkish President Tayyip Erdogan mentioned on Sunday that inflation figures from the month of Might, when annual shopper costs jumped to a 24-year excessive, confirmed inflation was now on a downward pattern.

Inflation jumped to 73.5% in Might – fuelled by a tumbling lira, rising power prices and the warfare in Ukraine – although the determine was barely decrease than economists had feared.

Chatting with members of his ruling AK Occasion, Erdogan mentioned his authorities was engaged on methods to alleviate Turks’ financial woes and fight hovering costs.