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RE: LeoThread 2025-07-01 03:27

in LeoFinance3 months ago

Part 3/9:

In recent years, inflation has surged dramatically, with reports indicating that in 2022, annual inflation peaked at 85%. While it has slightly decreased since then, figures have remained stubbornly above the 50% mark. With wages stagnating and prices skyrocketing, many locals find essential groceries becoming increasingly unaffordable. The cost of living crisis has compelled a significant number of Turks to seek better opportunities abroad, often targeting countries like Germany, Belgium, and the United States.

The Depreciating Turkish Lira