Türkiye’s central bank has raised its inflation outlook for 2026 as authorities continue efforts to stabilise prices after years of economic turbulence.
The bank now projects inflation will fall to between 15 and 21 percent by the end of the year, up from its previous forecast range of 13 to 19 percent.
Central Bank Governor Fatih Karahan said the revised forecast reflects “better visibility on certain risks,” though he did not provide further details.
The new projection still marks a significant drop from the 30.7 percent annual inflation rate recorded in January, following sustained interest rate hikes aimed at curbing runaway prices.
However, independent economists at ENAG dispute the official figures, estimating year-on-year inflation at 53.4 percent in January, as the country continues to grapple with prolonged double-digit inflation and recent monetary policy shifts.
