While the global economy, which tightened in 2020 with the Covid-19 pandemic, brought along high growth rates in 2021, its reflection on the global economy was high inflation rates even in developed countries. Although inflation in many developed countries has seen record levels of recent years, it has not even reached double digits.
INFLATION IN TURKEY REACHED THE PEAK OF THE LAST 19 YEARS
In Turkey, where economic problems started before the pandemic period and the economic crisis deepened with the pandemic, inflation got out of control with wrong policies and reached the peak of the last 19 years. The last picture that emerged was that the sum of the inflations of 9 European countries was not even as much as Turkey's inflation!