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Inflation research group ENAG records alternative figure of 127%.
Istanbul's ENAG inflation research group calculates inflation was 122%.
Istanbul’s ENAG research group of economists calculates alternative figure of 138% y/y.
ENAG inflation research group says it fell to 171% from 185%.
Analyst says pre-election pressure could arise for more monetary easing.
Country stays in sixth place in world inflation league. Critics say economy is mired in stagflation.
One Turkish bank said to expect third of international lenders to drop out of loans.
President Erdogan still tearing up the books on conventional economic policy in his dash for growth ahead of elections.
ENAG researchers contend rate was 186% y/y in reality.
Benchmark now 12% versus official inflation of 80.2%. Lira continues to sink.
Country stays in sixth place in global inflation league.
Inflation at 80% and collapse of lira not enough to persuade palace administration to desist.
August could bring another crash in the USD/TRY.
Gone are the average prices recorded for each item in the CPI basket. ENAG contends inflation is 161%.
Though academics who calculate inflation is actually 157% say it’s already far ahead of the rival basket case.
Istanbul’s ENAG, which argues inflation stands at 143% not 61%, a particular thorn in side of Erdogan administration with country now in election mode.
Official rate for March given as 61%. If the lira crashes again and commodity prices go right off the rails, country will sail through four-digit inflation.
Research group calculates 124%. Country braces for impacts from Ukraine war. Black Sea trade has simply stopped.
Those, however, whose so-called analysis serves to normalise Turkey’s economic horror show should cut it out.