0 sats \ 4 replies \ @siggy47 OP 3 Jun \ parent \ on: Turkey's inflation passes 75% in what economists believe is peak econ
Each month to month increase has to be different, obviously. You are not simply multiplying or dividing by twelve. In other words, prices rose 3.37% from April to May. There is no correlation between the numbers.
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54 sats \ 1 reply \ @MiddleWay 3 Jun
That must be what they meant. Generally, when governments publish inflation stats for a month they always annualize the number.
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0 sats \ 0 replies \ @siggy47 OP 3 Jun
Yeah. The way the CNBC article was written was confusing.
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54 sats \ 1 reply \ @oliverweiss 3 Jun
Here are the inflation rates that may help with calculations: https://www.tcmb.gov.tr/wps/wcm/connect/EN/TCMB+EN/Main+Menu/Statistics/Inflation+Data/Consumer+Prices
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27 sats \ 0 replies \ @siggy47 OP 3 Jun
Thanks for this chart.
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