European inflation rates - April 2026
Posted by FantasticQuartet@reddit | AskBalkans | View on Reddit | 20 comments
Posted by FantasticQuartet@reddit | AskBalkans | View on Reddit | 20 comments
damien24101982@reddit
we laughed at Orban, but look at the numbers.
Rushfever@reddit
Sure dude. After the having the highest inflation of all EU countries in 2023, Interest rates have been raised drastically and they still haven't been lowered.
Hungary is an inflation powderkeg and the moment you lower interest rates again, we'll have the same or higher inflation as Romania.
The new government needs to tread lightly as the whole economy needs reforms to remove the underlying inflation pressure.
damien24101982@reddit
new government will sell out to eu demands and then youll see whats what, is my guess.
Rushfever@reddit
Like not being able to embezzle billions EU funds and setting up/joining local and EU wide anti-corruption agencies? Oh the horror
damien24101982@reddit
Lets see how it will be for the citizens
Affectionate-Arm-405@reddit
Balkan Strong 💪
Gemascus01@reddit
Thank you HDZ♥️ for being the worst party worse than the KPJ♥️
Flimsy-Resident261@reddit
I’m guessing Albania has no inflation
TimelyBodybuilder121@reddit
The laws of the universe say that you cannot have Romania and Hungary both doing well at the same time.
No-Heart3432@reddit
Certainly we don't count as European. Otherwise we would have dominate that list so hard even Romania looks spectacular.
Aristo95@reddit
What's the inflation rate in Turkey rn? And what about salaries?
No-Heart3432@reddit
%32.2 compared to the last year.
Salaries are increasing to keep people stay alive. But that's the problem. When the minimal wage has upgrade with an increase, every single thing like chewing gum to the car prices will increase as the same amount in that month. It's understandable that employee costs increases so the product cost should increase as well but not that much. Companies acting like employee cost and raw material like the same despite the raw material cost won't increase. So the chain reaction increases inflation higher and higher....
The government should bring some order that nonsense but ridiculous fact is, they are following the same procedure. Electricity, water, natural gas prices are increasing ridiculously as well in every year. Taxes are increasing as well. So the entire country is like a shit show right now about economically.
Meanwhile the Turkish Lira doesn't lose its value. Normally it should. I'm wondering when everything will loose and Turkish Lira lost its 3/4 value on a day and we bankrupt as a country.
Aristo95@reddit
Thanks for all the details. But I dont understand how Lira doesnt lose its value. Does it mean prices and salaries are also rapidly increasing in EUR/USD value?
WinstonSmith27@reddit
It is losing value. When we were in 2009 roughly lira was 1₺=1€. But now it's 50₺=1€.
No-Heart3432@reddit
1€ should be way more than 50 liras. That's my point.
WinstonSmith27@reddit
By 31 May 2026
1€= 53,4588₺
Dude I wrote "roughly 50" because I am not an Economist who checks curencies from hour to hour.
AST360@reddit
until around 2024: USD/TRY, prices and salaries were rapidly increasing. Since then central bank raked interest to protect lira and it is less devaluation is rapid in increase compared to inflation causing apparent value of TRY to be higher which makes Turkey an expensive country for tourists then as price tags increase in USD value. Below is a chatgpt screenshot that explains, as USD salary gets lower, USD prices get higher since 2024.
Aristo95@reddit
I am not exactly an economist, but this seems like a stupid way to basically fuck exports and everyone who depends on foreigners - from tourism to giving online language classes
skunkspef@reddit
Infilation around 35% annually according to Turkish statistics institution but in realty its like 70% for food and groceries.
Salaries on the other hand mostly get at least 40% raise every Januray and considerabl amount of companies in Turkey make additional adjustments in June or July.
Otherwise-Cow-2241@reddit
Bosnia and Herzegovina?