Very important inflation statement from Minister Şimşek!
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Minister of Treasury and Finance Mehmet Şimşek said, "While market expectations are in line with our inflation target, we anticipate that the high real sector and household expectations will rapidly improve with the continuation of the decline in inflation."
Treasury and Finance Minister Mehmet Şimşek made a statement on social media regarding sectoral inflation expectations, saying, "The inflation expectation of the real sector, which is important in pricing behaviors, improved by 1.9 points monthly for the next 12 months and by 14 points compared to May of last year, falling to 41.9 percent. Household expectations, which are particularly affected by past inflation, increased slightly in February. While market expectations are in line with our inflation target, we anticipate that the high real sector and household expectations will rapidly improve with the continuation of the decline in inflation."
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