26.03.2025 12:51
The Minister of Treasury and Finance, Mehmet Şimşek, made statements regarding inflation expectations on his social media account. Şimşek stated that the effects of the volatility experienced in the economy will be short-term and limited.
```html
Finance Minister Mehmet Şimşek evaluated the effects of the recent volatility in the money markets on inflation. Şimşek noted that there is a decrease in the inflation expectations of the real sector and gave a message of stability.
Minister Şimşek used the following statements in a social media post:
The inflation expectations of market participants and the real sector are improving. The inflation expectation for 12 months ahead has decreased to 24.6% among market participants and to 41.1% in the real sector. The household expectation has increased slightly.
"WE WILL IMPLEMENT OUR PROGRAM WITH DETERMINATION"
Although the surveys do not reflect recent developments, we anticipate that the impact of volatility in financial markets on expectations will be short-term and limited. We assess that the steps taken with the strong coordination of all our institutions and the tightening financial conditions will be disinflationary. We will implement our program with determination until we achieve price stability.
```