Turkey: Inflation rises to 24.5 percent

The Turkish currency and economic crisis continues. In the meantime, inflation has reached a value of 24.5 percent, prices in Turkey are higher than they have been in years and the first effects on the economy are clearly noticeable. The lira is now barely worth anything and more and more investors are more than critical of their own efforts in Turkey. Now, politics around President Erdogan must react in order to prevent any drastic consequences in the last breath.