Controversy
Status:Open
Will Turkey's Inflation Rate Remain Above 25% in 2026?
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Claims
World Bank"Disinflation is projected to progress gradually due to sticky services inflation and higher energy and food prices in 2026, with inflation expected to decline to 28.3 percent by end-2026."Jun 18, 2026
Reuters"Economists in a Reuters poll forecast a more modest decline, expecting inflation at 23% by [end of] 2026 and a policy rate of 28% by year-end."Jun 18, 2026
Cevdet Yılmaz"We aim for inflation to fall below 20% in 2026, for the stickiness in pricing behavior to be permanently broken, and for inflation to be reduced back to single-digit levels starting from 2027."Dec 08, 2025
Muhammet Mercan"With a significant revision to those presented in the previous report, the CBT raised its inflation forecast to 44% (from 38%), 21% (from 14%) and 12% (from 9%) for this year, 2025 and 2026 respectively."Nov 08, 2024
ING Think"For next year, we expect inflation to decelerate to around 22% (vs the Central Bank of Turkey's interim target of 16%) with the balance of risks tilted to the upside."Dec 08, 2025
Bloomberg"Annual inflation quickened to 31.5% from 30.7% in January, data showed on Tuesday, in line with the median forecast in a survey of Bloomberg analysts."Jun 18, 2026
S&P Global"The recent rise in Brent oil prices toward $100 per barrel (/bbl) represents another reason for elevated market inflationary expectations, which now stand at 25.4% for end-2026, and 18.7% for end-2027 versus the official targets of 16% and 9%, respectively."Jun 18, 2026
IntelliNews"Since then [US/Israel and Iran war], financial institutions’ forecasts have been breaking through the 30%-level over the course taken by oil prices."Jun 18, 2026
CBRT"The Central Bank of the Republic of Turkey (CBRT) has revised its interim inflation target for 2026 from 16% to 24%."May 14, 2026
Morgan Stanley"The institution [Morgan Stanley] raised its year-end inflation forecast from 30% to 31.5%, while also increasing its year-end policy rate projection by 50 basis points to 37.5%. "Oct 09, 2025
Yeni Safak"The Turkish Central Bank raised its year-end inflation forecast for 2026 to 26%, citing war-driven energy shocks, transport costs, and global uncertainty."May 14, 2026
Trading Economics"Turkey's inflation rate is projected to remain above 30% throughout 2026, reaching approximately 31% by December 2026."Jun 18, 2026
Hande Küçük“In a report dated May 8 and prepared by economist Hande Küçük, the [BofA] bank increased its 2026 year-end inflation forecast for Türkiye from 28.5% to 30%."May 08, 2026
BBVA Research"We maintain our 2026 year end inflation forecast of 25% and policy rate of 32% with increasing upside risks."Apr 01, 2026
Hürriyet Daily News"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."May 14, 2026
© 2026 Improve the News Foundation. All rights reserved.Version 7.7.2
© 2026 Improve the News Foundation.
All rights reserved.
Version 7.7.2