My pension is not enough to buy meat! How serious is the inflation rate in Turkey?

Turkey's inflation rate has reached 80%~90%, and some commodity prices have even more than doubled.

For countries like Turkey, because Turkey has been implementing a loose monetary policy, Turkey has not raised interest rates accordingly. Even though the inflation rate in Turkey is very high, the life of many residents has become very difficult, and Turkey has not taken corresponding measures. To some extent, high inflation will lead to a sharp rise in the cost of living and a sharp decline in the quality of life of many people without a sharp increase in residents' income.

Many retired people in Turkey simply can't afford to eat meat.

Due to the extremely high inflation rate in Turkey, although the elderly in Turkey can get a certain pension after retirement, many people can only rely on retirement to maintain their basic livelihood. In this case, many people simply can't afford to buy meat, and the price of meat is gradually rising.

The inflation rate in Turkey is very serious.

For many countries with high inflation rate, the inflation rate in these countries has reached around 9%. But for Turkey, the inflation rate in Turkey has reached 80%~90%. This is a very exaggerated concept, especially for ordinary people, their lives will be seriously affected by the inflation rate, and many people complain about it. Except for the elderly, because the unemployment rate of young people is generally high, it will be very difficult for young people to live without income.

Generally speaking, Turkey's problems may only reflect the economic status of some small and medium-sized countries. As the global economy enters the recession cycle, the economies of many countries and regions are very difficult, and this problem will be further reflected in the basic living problems of many different groups of people. If the problem of inflation rate is not solved, the economic problems in many countries and regions may become more and more serious.