Central Bank Sends Inflation Message: Energy Prices Pose an Upside Risk - Dünya Newspaper
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The Central Bank stated in its Monetary Policy Committee meeting summary that crises stemming from the Strait of Hormuz and soaring oil prices have had a negative impact on inflation.
The Central Bank of the Republic of Turkey (TCMB) published the summary of its Monetary Policy Committee meeting held on September 10. The summary stated that annual inflation fell to 31.51 percent in August and that the slowdown in domestic demand became more pronounced. It also emphasized that Brent oil, which reached $103, and rising global energy prices pose an upward risk to the inflation outlook.
The summary of the Central Bank of Turkey's Monetary Policy Committee meeting stated that energy prices continue to be high and volatile due to increased uncertainties stemming from geopolitical developments.
“Energy prices continue to be high and volatile as a result of increasing uncertainties due to geopolitical developments” “The duration and extent of uncertainties regarding energy supply, supply chains and transport costs will continue to be decisive for the future course of energy prices.”
Economy - The Central Bank of the Republic of Turkey (TCMB) stated in September that education services would mechanically bring inflation down, while high energy prices continued to pose an upward risk to inflation.
The Central Bank of the Republic of Turkey (TCMB) has published the summary of its Monetary Policy Committee meeting held on September 10, 2026. The Committee indicated that while the main trend of inflation has declined, high energy prices due to geopolitical developments pose an upward risk to the inflation outlook.
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