Turkish Finance Minister: Inflation to drop to 30% by year-end

Turkish Finance Minister: Inflation to drop to 30% by year-end Inflation in Türkiye will begin to slow down in June and will drop to 30% by the end of the year, Report informs via TRT News.
Finance
May 22, 2024 16:45
Turkish Finance Minister: Inflation to drop to 30% by year-end

Inflation in Türkiye will begin to slow down in June and will drop to 30% by the end of the year, Turkish Finance Minister Mehmet Simsek said, Report informs via TRT News.

“Inflation will drop to around 10% next year and to single digits in 2026,” the minister said.

Simsek emphasized that the real growth rates of consumer prices in the country have already begun to coincide with the targeted indicators.

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