He and central bank Gov. Sahap Kavcioglu believe this is the peak and inflation will begin declining to near 43 percent by the end of the year and single digits

He and central bank Gov. Sahap Kavcioglu believe this is the peak and inflation will begin declining to near 43 percent by the end of the year and single digits by end of 2024 “thanks to a gradual decrease in supply-demand mismatches and disruptions in supply chains, in addition to the results of the steps taken for price stability” (remarks from central bank governor last month). Ergodan’s course is not changing, for now