Türkiye's high inflation may cool down but cost-of-living crisis not: expert

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Türkiye's high inflation may cool down but cost-of-living crisis not: expert

STORY: Türkiye's high inflation may cool down but cost-of-living crisis not: expert DATELINE: Nov. 27, 2022 LENGTH: 00:02:05 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. various of street view in Türkiye 2. SOUNDBITE 1 (Turkish): ENVER ERKAN, Chief economist at Istanbul's Tera brokerage house 3. various of shops and markets 4. SOUNDBITE 2 (Turkish): ENVER ERKAN, Chief economist at Istanbul's Tera brokerage house STORYLINE: An Istanbul-based expert has said that Türkiye's rampant inflation is expected to cool down in December, but the country's worst-ever cost-of-living crisis in decades would stay on. SOUNDBITE 1 (Turkish): ENVER ERKAN, Chief economist at Istanbul's Tera brokerage house "If you ask me if we have seen the peak of inflation, I would say yes. We are expecting a drop in annual inflation figures. This is the result of the base effect. The drop will remain limited in November, but will increase in the following months. There will be a more significant drop starting in December. This decrease

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