Wheat prices, which rose after Russia announced that it was suspending the Black Sea agreement, fell rapidly as Russia returned to the grain agreement after Turkey's diplomatic attempts – BloombergHT In October, annual inflation exceeded 85 percent. According to the data of the Turkish Statistical Institute (TUIK), the consumer price index increased by 85.51 percent in October compared to the same month of the previous year. Monthly inflation was 3.54 percent. Thus, inflation reached its highest level in 24 years –