By John Meyer, business and finance consultant. Eurasia Business News, October 16, 2022

In Turkey, consumer prices are rising at a tremendous rate. People are already saving on food, medicines and gold, while the Turkish president seems to be tactical.

At the end of September, inflation in Turkey reached 83.5 percent, which is 3.3 percentage points more than in August. The rise in consumer prices has hit a record since 2000.

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