Türkiye's annual inflation nears 65 pct in December

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Türkiye's annual inflation nears 65 pct in December

STORY: Türkiye's annual inflation nears 65 pct in December SHOOTING TIME: Jan. 10, 2024 DATELINE: Jan. 11, 2024 LENGTH: 0:03:08 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. various of people on the streets, cash points and shopping in Ankara, Türkiye 2. various of people buying cheaper breads in Mugla, Türkiye (courtesy of ihlas news agency) 3. various of people shopping in a fresh vegetable bazaar in Aydin, Türkiye (courtesy of ihlas news agency) 4. SOUNDBITE 1 (Turkish): FIKRET OZLEK, Former restaurant manager 5. SOUNDBITE 2 (Turkish): NUR KILER, Retired teacher STORYLINE: Türkiye's annual inflation for 2023 came at about 64.8 percent in December, an increase from 62 percent a month ago on the back of higher food and energy prices, putting further pressure on households. In December, the Turkish Central Bank increased its policy rate by 250 basis points to 42.5 percent to curb the lira's devaluation and tame the persistently high inflation. In general, the figures are showing signs of leveling off

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