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Turkey’s official inflation rate rose to about 80 percent last month, the highest in 24 years, as President Recep Tayyip Erdogan’s unconventional economic policies continued to push up the cost of necessities. According to statistics, the annual rise in prices rose from 73.5 percent in May to 78.6 percent in June. However, opposition parties and economists said the recent rise in oil and gas prices meant more. Nabati has sought to allay criticism of the government’s handling of the economy, saying last week that consumer prices would begin to fall by the end of the year. “I promise you and the president,” he said.
