AnkaraTurkey revised its medium-term growth forecast downward.
The revision turns a foreign war into a domestic inflation problem for millions.
Turkey imports most of its energy in dollars, and the lira traded near 48.42 per dollar as of September 13.
The government has not said whether wages will be revised to match the higher inflation path.
How each outlet framed it
- Salaam Gateway
- attributes seven percentage points of inflation increase directly to regional conflict; cites decreased global predictability as compounding economic challenge
Sources: Salaam Gateway