Minister Şimşek Assesses Improvement in Inflation Expectations

The Minister of Treasury and Finance, Mehmet Şimşek, evaluated the positive developments in inflation expectations. Şimşek stated that the decrease in inflation rigidity is supported by the improvement in expectations. He emphasized the improvements seen in various sectors since the peak of inflation in May. There has been an increase of 12 points in household expectations, 8.2 points in the real sector's expectations, and 6 points in market participants' expectations. It was noted that these figures positively reflect on the disinflation process.

Minister Şimşek expressed the positive effect of the disinflation process on inflation expectations, highlighting that the improvement in expectations supports the reduction of inflation rigidity. He mentioned the significant impact of these developments on economic balances. Şimşek's statements indicate that the economy has entered a sustainable improvement process. Ensuring economic stability and keeping inflation under control are among the government's top priorities.