ANKARA Inflation is likely to exceed the target at the end of 2024 but will decline to 27 percent in April next year, Finance Minister Mehmet Şimşek has said. In a presentation to lawmakers from the ruling Justice and Development Party (AKP), Şimşek said that the annual inflation rate would be around 43 percent to 44 percent this year, above the government’s target of 41 percent, blaming “high rents.” “We are expecting the inflation rate to be at 27 percent in April [in 2025],” he added. In the

Tag-uri: Inflatie