Inflation in Turkey rises to nearly 80%, hitting consumers

FILE – A man changes Turkish lira for USD and Euro at a currency exchange shop, in Ankara, Turkey, Tuesday, Nov. 23, 2021. Annual inflation in Turkey soared to nearly 80% in July. The Turkish Statistical Institute said Wednesday Aug. 3, 2022 that consumer prices rose by 79.6% from a year earlier, up about 1 percentage point from June data. (AP Photo/Burhan Ozbilici, File)

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