ISTANBUL: Turkey's official inflation rate spiraled to nearly 70 percent in April, data showed on Thursday (Friday in Manila), posing a huge challenge to President Recep Tayyip Erdogan, whose unconventional economic policies are often blamed for the economic turmoil.
The consumer price index rose by 69.97 percent year on year in April compared with 61.14 percent in March, the national statistics agency said.
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