Minister of Treasury and Finance Mehmet Şimşek stated that the market expectation is in line with the inflation target. Şimşek said, “We anticipate a rapid improvement in inflation expectations.” Evaluating sectoral inflation expectations, Minister Şimşek used the following expressions in a post on his social media account: “What matters in pricing behavior is the inflation expectation of the real sector, which, compared to May of last year, declined by 14 points to 41.9% for the monthly 1.9-point improvement for 12 months ahead. Especially, household expectations, which are more affected by past inflation, increased slightly in February. While the market expectation is in line with our inflation target, we anticipate that the high real sector and household expectations, which have been trending high, will rapidly improve as inflation continues to decline.”