Turkey's Central Bank Forecasts Inflation to Hit 75% Peak in May

Turkey's central bank finds itself grappling with the country's persistent inflationary turmoil, projecting that the crisis will culminate in May with rates skyrocketing to approximately 75-76%. This sobering forecast comes amid escalating efforts to curb the relentless surge in prices that have plagued the nation's economy, with April already witnessing inflation rates hovering at a daunting 69.8%. Despite the dauntin