The Food Committee Announced the 2026 Inflation Targets.

Food and Agricultural Product Markets Monitoring Meeting

Important Developments in Evaluations

The Food and Agricultural Product Markets Monitoring and Evaluation Committee addressed price changes in food products and the supply-demand balance in recent meetings. In the committee's published statement, it was noted that the inflation targets set for the year 2026 were taken into consideration.

Impact of Global Markets

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

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 would continue to be implemented with determination. The Committee will carry on its work with effective coordination in this regard.

Measures Taken at the Meeting

During the meeting, measures taken in cooperation with relevant institutions were evaluated for the purpose of maintaining the supply-demand and price balance of basic food products through the end of 2025. Additionally, detailed discussions were held on developments in the milk market, such as the expansion of organized agricultural regions, projects to increase food productivity, and agricultural irrigation issues. Various structural measures were emphasized.

Financing Needs and Water Use

It was decided to assess financing opportunities for investments aimed at reducing costs and increasing efficiency in agricultural production. There are plans to broaden the scope of measures for the rational and economical use of water resources and to make 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, Presidential Strategy and Budget President İbrahim Şenel, as well as relevant deputy ministers and institution officials.