Economic growth across the European Bank for Reconstruction and Development's regions is expected to slow more sharply than previously forecast this year, largely due to higher inflation linked to the Iran war, which has pushed up energy prices. Inflation across the bank's regions rose to 6.4%.

The European Bank for Reconstruction and Development (EBRD) expects Türkiye’s economy to grow by 3.5 percent in 2026, down from its 4 percent forecast in February 2026.

Economic growth across the European Bank for Reconstruction and Development's regions is expected to slow more sharply than previously forecast this year, largely due to higher…