Erdogan expects Turkish inflation below 30 percent by end of 2023

Turkish President Tayyip Erdogan said the Turkish government expects inflation to be below 30% by the end of 2023.

Annual inflation in Turkey slowed down in November for the first time in a year and a half – to 84.39% from 85.51% in October, the National Institute of Statistics (TUIK) reported earlier. The increase in consumer prices in November, according to the agency, amounted to 2.88%.