Treasury and Finance Minister Şimşek stated that the impact of market fluctuations on inflation expectations would be limited. Minister Şimşek said, “We anticipate that the steps taken with strong coordination among all our institutions and the tightening financial conditions will create a disinflationary effect. We will resolutely continue our program until we achieve price stability.” The Central Bank of the Republic of Turkey (TCMB) published its sectoral inflation expectations report for March. According to TCMB data, in March, 12-month annual inflation expectations decreased by 0.7 percentage points to 24.6 percent for market participants and by 0.8 percentage points to 41.1 percent for the real sector. Treasury and Finance Minister Mehmet Şimşek said, “We believe that the steps taken with strong coordination among all our institutions and the tightening financial conditions will create a disinflationary effect.” He said.
In a statement made via the X platform, Minister Şimşek shared the following information: “The inflation expectations of market participants and the real sector are improving. The 12-month inflation expectation has decreased to 24.6 percent among market participants and to 41.1 percent in the real sector. Household expectations, however, showed a limited increase.”
