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Turkey's inflation sees biggest monthly jump since August, nears 65% year on year

A tram passes shoppers as it travels along Istiklal Street in the Beyoglu district of Istanbul, Turkey, on Tuesday, Dec. 19, 2023.Bloomberg | Bloomberg | Getty ImagesIn January, Turkish inflation logged its biggest monthly jump since August with a 6.7% rise from December, while year-on-year inflation hit nearly 65%, according to the Turkish central bank's figures released Monday.The consumer price index for the country of 85 million people increased by 64.86% annually, up slightly from 64.77% in...

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