Turkish Finance Minister Projects Year-End Inflation Could Drop to 19%

January 13, 2026 - 02:34

Turkish Treasury and Finance Minister Mehmet Simsek has shared an optimistic forecast regarding the nation's inflation rate, suggesting it may decrease to approximately 19% by the end of the year. This statement was made during a meeting with a group of investors, where Simsek conveyed a more positive outlook than what is currently anticipated by the markets.

The potential easing of inflation comes as a relief to many, considering the economic challenges that Turkey has faced in recent years. High inflation rates have been a significant concern for both consumers and policymakers, impacting purchasing power and overall economic stability.

Simsek's comments reflect a broader strategy aimed at restoring confidence in Turkey's economy and attracting foreign investment. As the government continues to implement measures to stabilize the economy, stakeholders are closely monitoring the developments and the effectiveness of these initiatives. The anticipated slowdown in inflation could have far-reaching implications for Turkey's economic landscape in the coming months.