Goldman Sachs Stated About Inflation in Our Country

One of the world’s largest investment banks US-based Goldman Sachsmade evaluations about inflation in our country. The multinational bank said in a statement, “TWe expect the inflation in Turkey to reach 80% before it starts to decline.” said.

TurkStat Contrary to the expectations at the beginning of the year, inflation rates continued to increase in May, according to the data of the previous year. was announced. on an annual basis to 73.50% A statement came from Goldman Sachs regarding the inflation that has reached.

“We expect inflation to decrease in Turkey”

Inflation rates had increased considerably as a result of the pandemic before the currency crisis last year and the increased costs due to the war between Russia and Ukraine. On Friday, Goldman Sachs predicted that this ratio would first rise higher and then decline.

According to the news published by Reuters, Goldman Sachs made a statement on inflation in Turkey, “At the end of the year, supported by the base effect of inflation in Turkey will drop to 60% but before up to 80% We wait for it to come close.” said.