Turkey's central bank has today raised its year-end inflation forecast to 29.5% from 28%, citing supply-side pressures stemming from the Iran war and broader geopolitical tensions.
The Central Bank of the Republic of Turkey will release its final Inflation Report of the year to the public today. Central Bank Governor Fatih Karahan will announce inflation forecasts for 2026, 2027, and 2028 during a presentation at the Central Bank's headquarters in the Istanbul Financial Center. Inflation...