The Central Bank of the Republic of Türkiye raised its year-end 2026 inflation forecast to 29.5 percent from 28 percent. The bank also lifted its 2027 forecast to 21 percent from 15 percent.
The revisions were presented by Governor Fatih Karahan in the last Inflation Report of the year. The article does not give the date of the announcement.
Medium-term path
Karahan said the bank expects inflation to fall to 21 percent at the end of 2027. He put the end-2028 figure at 13.5 percent and the end-2029 figure at 9 percent.
Those later figures are projections rather than revised forecasts, and the record gives no further detail on how they were derived.
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