Mount Prices Soar
Well folks it looks like prices in Turkey are rising faster than the cost of a fresh mount in World of Warcraft! In May inflation hit a staggering 75.45% making even the most epic mounts seem cheap by comparison.
Bank Interest Rates Climbing Faster Than Mythic Keystone Levels
Turkey's central bank has been keeping its interest rates at a whopping 50% to combat the inflation onslaught. That's higher than the difficulty curve on your average Mythic Keystone dungeon run!
Unpredictable Inflation Trajectory
Just like an unpredictable boss fight in WoW the trajectory of Turkey's inflation is proving to be a tough nut to crack. Analysts are unsure if prices will ease as expected or if the inflation rate will keep climbing like a pesky mob that won't go down!
Economists at Odds
The jury among economists remains split on whether Turkey's central bank will cut interest rates by the end of the year or make consumers wait until 2025. Looks like the economic raid team is still figuring out their loot distribution rules!
Turkey inflation peak economists interest rates consumer prices financial difficulties central bank CPI disinflation
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RachelT93
Turkish consumers feeling the monetary equivalent of a critical hit - someone cast a heal spell, quick!