**Inflation Soars to 69.8% in Turkey: Education and Hospitality Costs Skyrocket**
Istanbul, Turkey – Inflation in Turkey rose to 69.8% annually in April, according to the Turkish Statistical Institute. This increase was driven by significant jumps in consumer prices in categories such as education and hotels, cafes, and restaurants. The surge in inflation marks the highest level since November 2022, when it was around 85%. Despite being lower than expected, the current inflation rate has led economists to believe that any hopes for interest rate cuts …