A personal account of inflation a la Turka, 2022 to 2024
Inflation concerns me in considering a return to Turkey. Is it still 64% a year? That's a lot!
It is. Interest rates are incredibly high (near 50%) but inflation rages on at near 47% now, which is an improvement, a drop of almost 30 points from the time I wrote this. If you earn $$, you're protected somewhat.
Are wage raises keeping up with inflation at least somewhat?
Inflation concerns me in considering a return to Turkey. Is it still 64% a year? That's a lot!
It is. Interest rates are incredibly high (near 50%) but inflation rages on at near 47% now, which is an improvement, a drop of almost 30 points from the time I wrote this. If you earn $$, you're protected somewhat.
Are wage raises keeping up with inflation at least somewhat?