Historical Year Data · 1985
Turkey CPI Inflation (WEO) in 1985
Turkey CPI Inflation (WEO) opened 1985 at 44.96% and closed at 44.96%, a +0.00% move for the year. The high of 44.96% was reached on December 31, and the low of 44.96% on December 31.
Open
44.96%
1985-01
Close
44.96%
1 data points
High
44.96%
Dec 31
Low
44.96%
Dec 31
Full Year Change
+0.00%
1984 Change
+0.00%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Dec | 44.96% | 44.96% | 44.96% | 44.96% | +0.00% |
Events During 1985
1982 Latin American Debt Crisis
Deflation
August 1982 – 1989
Mexico defaulted on its external debt in August 1982, triggering a seven-year crisis that engulfed Brazil, Argentina, Chile, and most of Latin America. The "lost decade" reshaped emerging market finance.
1985 Plaza Accord
Reflation
September 22, 1985
G5 finance ministers agreed at the Plaza Hotel in New York to coordinate intervention that weakened the dollar. The accord engineered a 50% decline in DXY over two years and set the stage for the 1987 crash and Japan's bubble.
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