ŞImşek: The Decline in Inflation Has Spread to the General Population.
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.5 Articles
5 Articles
Treasury and Finance Minister Mehmet Şimşek announced that annual consumer inflation decreased by 3.1 percentage points compared to the same month of the previous year, falling to 29.8 percent. Şimşek stated that rising energy prices due to the war limited the disinflation process. In a statement made on his social media account, Treasury and Finance Minister Mehmet Şimşek evaluated the inflation data announced today. Şimşek stated that annual c…
Vice President Cevdet Yılmaz announced that annual inflation reached 29.77 percent in October. Stating that monetary, fiscal, and income policies are being pursued in coordination, Yılmaz said that their goal is to bring inflation back down to single digits, thereby permanently increasing citizens' purchasing power and living standards.
Treasury and Finance Minister Mehmet Şimşek said, “In fact, in the early 2000s, we reduced inflation to single digits in the early 2000s and kept it there for a long time, but then it went into double digits, now it is back on a downward trend,” said Treasury and Finance Minister Mehmet Simsek.
Minister Şimşek evaluated the October inflation data. Stating that the increase in energy prices limited the decline in inflation, Şimşek said, “In the coming period, the balanced course of economic activity, the projected decline in energy and commodity prices, the improvement in expectations, and the reduction of inertia in services inflation will support the decline in inflation.”
Evaluating October's inflation figures, Treasury and Finance Minister Mehmet Şimşek stated that annual consumer inflation decreased by 3.1 percentage points compared to the same month of the previous year, adding, "The decline in inflation has spread across the board, excluding transportation and energy." Şimşek said that rising energy prices due to the war limited disinflation.
Coverage Details
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
Factuality
To view factuality data please Upgrade to Premium
