Vice President Cevdet Yilmaz, the annual inflation rate will continue to fall in the coming months, at the end of the year to realize around 20 percent reported.
Yilmaz, social media account, TURKSTAT today announced today in January inflation data evaluated.
“In January, monthly inflation is above the expectations, the annual inflation rate is decreasing, it will continue to decrease in the coming months,” Yilmaz said, because of the annual wage and price adjustments in January, inflation has risen relatively compared to other months, he said.
In January, the monthly increase in consumer prices was 5.03 percent, and annual inflation decreased by 2.3 points to 42.12 percent, voicing Yilmaz, the basic goods increased below 1 percent, while the increase in the services of the services of the services of more than 10 percent He said he pulled up.
“Our supply -oriented efforts in the fight against inflation will intensify”
Yilmaz stated that domestic producer prices increased by 3.06 percent in January and that annual inflation decreased by 1.3 points and 27.2 percent.
“The relatively low course in producer inflation will continue to affect consumer prices costly. We continue our struggle against inflation in a holistic framework with our program that includes money and fiscal policies as well as structural reforms. While we are struggling with inflation, we will implement our investment, production and export -oriented strategies. While our incentive and competition policies support value -added production and technological transformation in industry, our productivity -oriented approach will be effective in agriculture.
Green and digital transformation will gain priority in all areas, including service sectors. We expect the annual inflation rate to continue to decrease in the coming months, first to decrease 30 percent and then to 20 percent, and at the end of the year, around 20 percent. Until we reach single -digit figures, our determined struggle with inflation that our people see as a basic issue will continue. “