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World Business Report: First broadcast 04/09/2023 14:32 GMT : Living with high inflation

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First broadcast 04/09/2023 14:32 GMT 

First broadcast 04/09/2023 14:32 GMT : Living with high inflation

Living with high inflation

BBC World Service - World Business Report, Living with high inflation

Annual inflation in Turkey rose to around 59% in August

The annual rate of inflation in Turkey rose to 58.94% in August.  This is the highest rate since December 2022.  We find out why and take a closer look at global inflation trends.

As Turkey's annual rate of inflation hits 58.94% in August, we analyse the reasons why.  We hear from a local business owner in Ankara about his struggles with rising energy and food costs.  We also take a closer look at two other countries struggling to control inflation: Pakistan and Argentina.

Residents in Spain's capital city, Madrid, are dealing with the aftermath of flash flooding over the weekend.  Transport links have been affected and many businesses have been forced to close.

Internet search engine Google turns 25.  We find out how the company with humble beginnings turned into a tech titan.

(Picture: Flag of Turkey Superimposed with 1 Turkish Lira Coin with the Portrait of Kemal Atatürk. Credit: Getty Images)

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First broadcast 04/09/2023 14:32 GMT : Living with high inflation

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