Can tourism ease the inflation pressure in Turkey?
Inflation is a battle people all over the world are fighting. But the struggle is particularly acute in Turkey where people are finding it increasingly difficult to make ends meet. They are making tough decisions about what they can afford and how they budget. A mix of soaring inflation and a currency that’s lost nearly half its value has created a cost of living crisis in the country. Inflation surged to 48.7% in January, after reaching 36% in December. But some economists think the actual rate could be much higher. “There are groups of academics who have come up with
