Critical Inflation Warning from Cevdet Yılmaz Against Transportation Price Increases

Vice President Cevdet Yılmaz drew attention to the negative effects of the increases in urban transportation prices made by local governments on inflation. Yılmaz stated that the uncontrolled rise in transportation costs challenges general economic balances and price stability.

Emphasizing that certain rules should be applied in the transportation sector, Yılmaz stated that the increase rates should not be much above inflation. Stating that local governments should consider economic balances while managing cost increases, the Vice President pointed out the necessity of new regulations on transportation prices.