Erdogan’s Economy: Turkish Inflation Hits 91%, Tanking Tourism Industry

by John Hayward
Breitbart.com

Persistently high inflation under the policies of President Recep Tayyip Erdogan is decimating the Turkish tourism industry, as both foreign visitors and locals decide to save money by nipping over to Greece for holiday getaways.

“Angry citizens have taken to social media to share their bills, including the equivalent of $640 for food and drinks for five people in Bodrum and $30 for five scoops of ice cream in Cesme,” Fortune reported Monday.

Grumpy Turks said the quality of service at hotels and restaurants is declining even as the prices skyrocket. Some accused Turkish businesses of using notoriously high inflation as an excuse to push their prices even higher.

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