Erdogan: Patience is Necessary Until Inflation in Turkey Decreases

Turkish President Recep Tayyip Erdogan stated, as reported by "Haberturk" newspaper on Monday, that his country must be patient while it seeks to reduce inflation, considering the delayed impact that will later emerge from tightening monetary policies. Erdogan added that he hopes to see a clear decrease in inflation within 12 months, as the economic policies will "take some time" to have an effect.