Turkish Central Bank Increases 2026 and 2027 Inflation Projections

The Central Bank of the Republic of Türkiye (CBRT) has revised its year-end inflation forecast for 2026 upward to 29.5% from 28%, and for 2027 to 21% from 15%. Governor Fatih Karahan cited supply-side pressures and energy prices as key factors slowing disinflation. This adjustment indicates persistent inflationary challenges for the Turkish economy, impacting future economic policy and consumer purchasing power.