An Istanbul-based expert has said that Türkiye's rampant inflation is expected to cool down in December, but the country's worst-ever cost-of-living crisis in decades would stay on.
According to figures released by the Turkish Statistical Institute in early November, annual inflation for food, which makes up about a quarter of the consumer basket, was 99.1 percent while transport prices rose 117.2 percent annually.
The Turkish lira has weakened by more than 50 percent since September 2021.
The Russia-Ukraine conflict and the lira's tumble have stoked inflation to a 24-year high of 85.5 percent in October after soaring for 17 consecutive months, according to official figures.
Turkish households have been battling with high energy, food, and housing costs since a currency meltdown in 2018.
Produced by Xinhua Global Service
