Şimşek sees inflation falling to around 30 percent in early 2025
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ANKARA Türkiye ’s annual inflation will decline around 30 percent in the first quarter of 2025, before easing further down to the 20 percent range in June or July, Finance Minister Mehmet Şimşek has said. “I sincerely believe that by the end of 2025, we will be able to reduce inflation to below 20 percent,” Şimşek said in an interview with private broadcaster CNN Türk. The minister said he understands the hesitations about the economic program the government is implementing. “But we believe our
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