Treasury and Finance Minister Mehmet Simsek, the CBRT announced the results of the “Sectoral Inflation Expectations” survey.
Minister Şimşek said that the improvement in inflation expectations continues, but the expectations are still higher than the inflation appearance.
Minister Simsek, inflation permanently lowering citizens will increase the purchasing power stressed.
Minister Şimşek’s statement is as follows;
“The improvement in inflation expectations continues. In January, the market’s annual inflation expectation for 12 months later is 25.4 percent.
According to May 2024, the expectation was 17 points in the household and 12 points in the real sector. However, expectations are still high compared to inflation appearance.
Inflation expectations are critical for the rate of disinflation. We anticipate that expectations will further support the decline in inflation in the coming period. We will increase the purchasing power of our citizens by permanently reducing inflation with the program we implement with determination. “