Turkiye | Inflation, GDP deflator (annual %)

Inflation, GDP deflator (annual%), is an important economic indicator that reflects the general level of inflation within an economy. It measures the change in the price of all domestically produced goods and services in a country over a year.In Turkey, the inflation rate reached 96% in 2022, a significant increase from 28.97% in the previous year. This high rate indicates significant inflation in the Turkish economy, affecting the cost of production and the overall price level of goods and services.