The first “z-reports” of the economy under the management of Mehmet Şimşek and Hafize Gaye Erkan began to arrive. In the new economy administration, which tried to make a transition from “irrational” economic policies to “rational” and clearly signaled this, and increased the interest rates from 8.5 percent to 15 percent as the “first move”, which was below the expectations. inflation is evident.
According to the Consumer Price Index for June released by TURKSTAT, inflation increased by 3.92 percent in June. Annual inflation, on the other hand, dropped to 38.21.
According to the announced data, annual inflation, which declined from 39.59 percent in May to 38.21 percent in June, stood at 30 percent on an annual average.
In the monthly inflation data, which was announced as 0.04 percent in May and rose to 3.92 percent in June due to the effect of natural gas prices, the 5-year average is at the level of 2.28 percent.
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