
Collapse – the Economic Situation in Turkey
By Ibrahim Ipek According to the official statistics published by TURKSTAT, inflation hovered around 70% in April 2022. But this information is misleading. With all kinds of calculation games, the inflation rate is shown in two digits. The actual inflation is 3 digits. As for the employment rate, it is 45% on average, and unemployment has been around 13% since January. Turkey here competes with … Continue reading Collapse – the Economic Situation in Turkey