Istanbul: Inflation in Turkey soared to 78.6 p.c on an annual foundation in June, the perfect stage in 24 years, respectable information confirmed on Monday, as President Recep Tayyip Erdogan’s unconventional financial insurance policies persisted to take their toll.

The determine launched via Turkey’s state statistic company was once the perfect since 1998. Inflation had stood at 73.5 p.c in Would possibly.