Balkans: August 5, 2000

Archives

: The Turkish government announced that consumer prices jumped 56.2 percent in the last year (July 1999 to July 2000). The same report said the annual inflation rate is 58 percent. Turkey has been pursuing a series of IMF-directed reforms intended to cut its inflation rate - and ultimately make Turkey a candidate for full entry into the EEC. Turkey's inflation target is still a long way away: a 20 to 25 percent rate by the end of 2000, a ten percent rate by the end of 2001. If you think 58 percent looks bad, the annual inflation rate in 1999 was 68.8 percent and in 1998 was 69.7 percent.


 

Article Archive

Balkans: Current 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 


X

ad
0
20

Help Keep Us Soaring

We need your help! Our subscription base has slowly been dwindling. We need your help in reversing that trend. We would like to add 20 new subscribers this month.

Each month we count on your subscriptions or contributions. You can support us in the following ways:

  1. Make sure you spread the word about us. Two ways to do that are to like us on Facebook and follow us on Twitter.
  2. Subscribe to our daily newsletter. We’ll send the news to your email box, and you don’t have to come to the site unless you want to read columns or see photos.
  3. You can contribute to the health of StrategyPage. A contribution is not a donation that you can deduct at tax time, but a form of crowdfunding. We store none of your information when you contribute..
Subscribe   Contribute   Close