The Food Committee announced the 2026 inflation targets.

Food and Agricultural Product Market Monitoring Meeting

Significant Developments in Assessments

The Food and Agricultural Product Market Monitoring and Evaluation Committee addressed price changes and the supply-demand balance of food products in recent meetings. In a statement released by the committee, it was noted that the inflation targets set for 2026 were taken into account.

The Impact of Global Markets

It was emphasized that developments in prices and supply in global markets positively influenced domestic markets. Particularly, it was recorded that the risks that may be encountered in the first three months of the year were analyzed in line with the inflation targets for 2026.

Food Security and Sustainable Policies

The statement highlighted that the necessary measures to ensure the sustainability of the supply-demand balance in food and agricultural product prices will continue to be implemented decisively. The Committee will continue its efforts with effective coordination in this regard.

Measures Taken at the Meeting

At the meeting, measures taken in cooperation with relevant institutions were evaluated to ensure the supply-demand and price balance of basic food products until the end of 2025. Additionally, developments in the milk market, such as the expansion of organized agricultural regions, projects to increase food productivity, and agricultural irrigation issues were discussed in detail. Various structural measures were emphasized.

Financing Needs and Water Usage

It was decided to evaluate financing opportunities for investments that would reduce costs and increase efficiency in agricultural production. It was planned to broaden the scope of measures for the rational and economical use of water resources and to make the necessary legislative arrangements.

Who Attended the Meeting?

Today's meeting was attended by Minister of Treasury and Finance Mehmet Şimşek, Minister of Agriculture and Forestry İbrahim Yumaklı, Minister of Trade Ömer Bolat, President of the Strategy and Budget Office of the Presidency İbrahim Şenel, along with relevant deputy ministers and institutional officials.