While Turkish Statistical Institute (TURKSTAT), which has serious concerns about its reliability, announced the inflation as 54 percent, the answer to the statement of the Treasury and Finance Minister Nurettin Nebati, "We will enter the 2023 June elections with a single digit inflation figure", came from the citizens. Citizens pinned the Minister's foresight, by saying, "The government will probably pull a rabbit out of the hat in 2023."
Real inflation is above 100 percent, even TURKSTAT says "54 percent". However, the Minister says 'it will drop to single digits'! According to TURKSTAT data, inflation reached 54,44 percent in February, while the Inflation Research Group (ENAG) calculated it as 123,8 percent. Upon these data, Treasury and Finance Minister Nurettin Nebati's statement, "We will enter the June 2023 elections with a single-digit inflation figure", caused comments that "The government will probably pull a rabbit out of the hat in 2023".
EVEN TURKSTAT ANNOUNCED 54 PERCENT, MINISTER SAYS 'SINGLE DIGIT’
While inflation in Turkey was going up and down, TURKSTAT announced the February inflation rate as 54,44 percent. ENAG, on the other hand, announced that the real inflation was 123,8 percent. While even TURKSTAT announced inflation above 50 percent, Treasury and Finance Minister Nurettin Nebati said, "We will enter the June 2023 elections with a single digit inflation figure." The new statement of Minister Nabati, who had made similar statements before, was greeted strangely by the citizens.
ARE YOU GOING TO PULL A RABBIT OUT THE HAT IN 2023?
There are serious concerns in the public about the reliability of TURKSTAT. Despite this, TURKSTAT announced 54 percent inflation. However, Minister Nabati's statement that they will reduce the inflation, which is above 50 percent according to the data of TURKSTAT, to a single digit in 2023 has also strengthened his dubious claims. Citizens by posing questions, “If you are so sure, why is inflation not decreasing already?” they asked and on the other hand, "Are you going to pull a rabbit out of the hat in 2023?" they added.