Baku 18° C
Inflation in Türkiye to drop from 75.4% to 38% by end of 2024
Region
- 11 June, 2024
- 05:49
Add Report.az to preferred Google sources
Stay up to date with the top news!
Inflation in Türkiye will begin to decrease in June, Turkish Vice President of Cevdet Yilmaz said on NTV, Report informs.
“We have taken certain steps in the transitional period to fight inflation. Decrease in inflation will begin after May, and continue in the following months. By the end of the year, inflation will fall to 38%. We have lowered our inflation target below 10% for 2026, when we will reach single digits,” Yilmaz said.
Turkish Finance Minister Mehmet Simsek said earlier that the worst period for the country's economy is over and in June, it started moving towards disinflation.
Author
Türkiyədə inflyasiya ilin sonuna qədər 75,4%-dən 38%-ə düşəcək
Вице-президент Турции анонсировал двукратное снижение инфляции к концу года
Latest News
07:40
Gold prices surpass $4,100
Finance
07:37
UEFA Champions League: Sabah lose away to Viking
Football
00:05
Ukraine discusses postwar recovery and 2027 financing with partners in Brussels
Other countries
23:38
Trump acknowledges Iran war and fuel prices contributed to Republican defeat
Other countries
23:28
Moldova could complete EU accession talks in 2028, government says
Other countries
22:54
Recep Tayyip Erdoğan: I take great pleasure in conveying my most sincere wishes to President Ilham Aliyev
Foreign policy
22:45
Azerbaijani ambassador highlights Croatia"s support for demining efforts
Foreign policy
22:38
Photo
First Vice-President Mehriban Aliyeva, along with her family members, attended symphonic show by internationally acclaimed violinist David Garrett
Cultural policy
22:19
Azerbaijani cookbook published in Bosnian
Foreign policy