{"id":223746,"date":"2025-06-29T10:25:12","date_gmt":"2025-06-29T10:25:12","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/223746\/"},"modified":"2025-06-29T10:25:12","modified_gmt":"2025-06-29T10:25:12","slug":"simsek-notes-narrowing-inflation-expectation-gap-as-positive-sign","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/223746\/","title":{"rendered":"\u015eim\u015fek notes narrowing inflation expectation gap as positive sign"},"content":{"rendered":"<p>Finance and Treasury Minister Mehmet \u015eim\u015fek said <a href=\"https:\/\/www.dailysabah.com\/business\/economy\/turkiyes-annual-inflation-dips-more-than-expected-to-354-in-may\" target=\"_blank\" rel=\"noopener\">inflation<\/a> expectations among the real sector and market participants continued to decline, calling the narrowing gap between household and market expectations \u201can important development\u201d for breaking inflation inertia.<\/p>\n<p>In a social media post on Tuesday, \u015eim\u015fek evaluated the Central Bank of the Republic of T\u00fcrkiye&#8217;s (CBRT) June 2025 \u201cSectoral Inflation Expectations\u201d report.<\/p>\n<p>He noted that inflation expectations decreased across all segments in June, with households\u2019 12-month inflation expectation dropping by 7 percentage points compared to last month and 19 points compared to the same period last year.<\/p>\n<p>\u201cThe gap between household and market expectations has fallen to its lowest level in about six years, which is significant for breaking inflation inertia,\u201d \u015eim\u015fek said. \u201cThis improvement in expectations shows that the program we are implementing is progressing toward its goal with effective and decisive steps.\u201d<\/p>\n<p>He added that easing geopolitical tensions have led to lower oil prices, and that a continued decline in inflation would create more supportive domestic financial conditions for the real sector.<\/p>\n<p>                    <img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/04\/JN9LXf.png\" alt=\"\"\/><\/p>\n<p>\n                    The Daily Sabah Newsletter\n                <\/p>\n<p>\n                    Keep up to date with what\u2019s happening in Turkey,<br \/>\n                    it\u2019s region and the world.\n                <\/p>\n<p>                    SIGN ME UP\n                <\/p>\n<p>\n                    You can unsubscribe at any time. By signing up you are agreeing to our Terms of Use and Privacy Policy.<br \/>\n                    This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.\n                <\/p>\n","protected":false},"excerpt":{"rendered":"Finance and Treasury Minister Mehmet \u015eim\u015fek said inflation expectations among the real sector and market participants continued to&hellip;\n","protected":false},"author":2,"featured_media":223747,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3090],"tags":[51,1700,476,10579,10577,16,15],"class_list":{"0":"post-223746","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-economy","10":"tag-inflation","11":"tag-mehmet-simsek","12":"tag-turkish-economy","13":"tag-uk","14":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114766172999801782","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/223746","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=223746"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/223746\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/223747"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=223746"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=223746"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=223746"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}