Madhumitha Jaganmohan
Research expert covering climate and environmental sustainability
Get in touch with us nowThe inflation rates of various energy commodities in Turkey skyrocketed in 2022. Energy price inflation peaked in June 2022 at 172.9 percent after climbing continuously from late 2020. August 2022 saw energy inflation drop somewhat, though energy prices were still 133 percent higher than they were that same month in the previous year. Gas and electricity price inflation have also seen significant increases in the period of consideration. However, since 2023 the energy price inflation rate has dropped compared to the previous year.
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