Turkish central bank revises 2026, 2027 inflation forecasts upward

Turkey’s central bank on Thursday raised its year-end inflation forecast to 29.5 percent from 28 percent, citing supply-side pressures stemming from the Iran war and broader geopolitical tension. “Supply-side shocks caused by geopolitical developments are limiting the decline in headline inflation. The continuation of this situation keeps upside risks to the inflation outlook alive and […] The post Turkey’s central bank raises year-end inflation forecast to 29.5 percent appeared first on Turkish Minute .