Kacır: As Inflation Declines Faster by 2025, We Will Cover More Ground in Investment, Employment, Production, and Exports.
Foreks - Turkey's Minister of Industry and Technology, Mehmet Fatih Kacır, commented on the inflation data released today, stating, "As the decline in inflation accelerates in 2025, we will make more progress in the investment, employment, production, and export trajectory."
In his statement on social media platform X, Kacır said, "The realization of the monthly consumer inflation at 1.03% by the end of the year and the annual consumer inflation declining to 44.4% (with commodity inflation at 36.1% and core commodity inflation at 27.4%) indicates progress in the disinflation process.
The producer inflation decreasing to 0.4% monthly and 28.5% annually further confirms the development in the disinflation process. Price stability is also valuable for accelerating investments. As the decline in inflation accelerates in 2025, we will make more progress in the investment, employment, production, and export trajectory."