Turkey raises electricity and gas prices at high rates… a new jump is expected for inflation

Turkey raised electricity and natural gas prices for homes on Saturday, citing rising global energy prices. Local newspaper Haberturk estimated electricity prices would rise between 52% and 130% for households, as the country switched to a phased tariff system. Under the new system, households will pay 1.37 lira ($0.09) per kilowatt-hour for electricity up to … Read more