Central Bank lifts 2026 inflation forecast to 26 percent
The Turkish Central Bank has raised its year-end inflation forecast for 2026 to 26 percent, citing the impact of the war in the region, higher energy prices and increased uncertainty over the global outlook.
Haberin Devamı
Presenting the bank’s second inflation report of the year, Governor Fatih Karahan said the recent geopolitical shock had weighed on the disinflation process but would not alter the bank’s commitment to price stability.
“The war and the uncertainty it has created have negatively affected the disinflation process, but this will not change our determination to achieve price stability,” Karahan said.
