
The Central Bank of the Republic of Türkiye updated its year-end inflation forecasts.
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The Central Bank of the Republic of Türkiye shared its current economic forecasts at the inflation report meeting.
Central Bank of the Republic of Turkey (CBRT) Governor Fatih Karahan announced the year-end inflation forecasts at the last Inflation Report meeting of 2026. So, how much was the year-end inflation expectation announced? How much will the minimum wage, retirees and civil servants increase?
HOW MUCH IS THE YEAR-END INFLATION EXPECTATION ANNOUNCED?
According to the CBRT's current forecasts, inflation is expected to be 29.5 percent at the end of 2026, 21 percent at the end of 2027 and 13.5 percent at the end of 2028.
In the previous Inflation Report, an estimate of 28 percent for 2026, 15 percent for 2027 and 9 percent for 2028 was announced.
Thus, the forecasts were updated upwards by 1.5 points for 2026, 6 points for 2027 and 4.5 points for 2028.
CBRT President Fatih Karahan announced the last Inflation Report of the year. The Central Bank increased its inflation forecast for the end of 2026 to 29.5 percent and its forecast for the end of 2027 to 21 percent.

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