TURKSTAT announced April inflation data in April. Following the data, evaluations came from the economic surroundings.
Treasury and Finance Minister Mehmet Simsek, “Annual inflation has been stretching for 11 months, the disinflation process is continuing. Moderate course in oil prices, tightening domestic financial conditions and fiscal policy will contribute to disinfelation in the coming period. We envision to remain in the estimation range of the year -end inflation.” he said.
ITO President Şekip Avdagiç, “This month there is a seasonal return in the clothing and shoe industry there is a two -digit increase. At least in our inflation. In the summer months, the appropriate inflation will come to the targets,” he said.