Inflation expected to end year in mid-twenties: Şimşek
Even in a year of major shocks, inflation is expected to continue falling, and to end the year in the mid-twenties, says Finance Minister Mehmet Şimşek, adding that “our commitment to the disinflation program is firm.”
In a social media post on June 4, Şimşek said he addressed investors at “Türkiye’s New Route to Financial Stability” at the Nomura Investment Forum Asia 2026 via video conference.
“We live in a shock-prone world and a tough neighborhood. Shocks may slow the pace of the program’s delivery, but they are unlikely to change the direction of travel,” Şimşek wrote.
Türkiye’s annual inflation rate rose to 32.37 percent in April from 30.87 percent, with consumer prices advancing 4.18 percent month-on-month.
