A bit too sanguine, a bit too soon

TURKEY - Report 12 Nov 2026 by Murat Ucer

The CBRT released its fourth and final Inflation Report of the year today. The Bank raised its end-2026 inflation forecast from 28% in the previous report --and 28.4% in the Medium-Term Program (MTP)-- to 29.5%. As we’ve expected, the CBRT also brought its inflation forecasts for 2027 and 2028 in line with the MTP (without further revisions), raising them from 15% to 21% and from 9% to 13.5%, respectively. The Bank expects inflation to decline to 9% in 2029, returning to single digits.

Now read on...

Register to sample a report

Register

Sign-in

Copyright 2026 GlobalSource Partners. All rights reserved. This report is prepared for GlobalSource Partners’ clients and may not be redistributed, reproduced, stored in a retrieval system, retransmitted or disclosed, in whole or in part, or in any form or manner, without the express written consent of GlobalSource Partners. This report is distributed simultaneously to our website and other portals used by GlobalSource Partners. The information herein was obtained from various sources and is believed to be reliable but GlobalSource Partners does not warrant its completeness or accuracy. Neither GlobalSource Partners nor any Country Analyst, officer or employee accepts any liability whatsoever for any direct, indirect or consequential damages or losses rising from any use of this report or its contents.