Business · Economy · 2 hrs ago
Turkish households lower their inflation expectations, survey shows
Türkiye’s Central Bank surveys found that households and businesses expect inflation to ease over the next 12 months.
Household expectations fell to 43.75 percent, while businesses’ forecasts dropped to 31.8 percent.
By contrast, market participants raised their forecast slightly, to 23.89 percent.
Households continued to see fuel and energy, followed by food, as the categories with the biggest price rises.
Gold remained their most popular investment choice, with real estate in second place.
The findings came a day after the central bank cut its policy rate by 1 percentage point to 36 percent, a move Citi described as a measured return to easing.
Forecasters expect inflation to keep falling, though Citi and HSBC differ on how quickly it will decline over the next few years.
Turkish households’ 12-month inflation expectations fell to 43.75 percent in October, a central bank survey showed.
The figure was down 1.85 percentage points from the previous month.
Expectations also declined among the real sector, while market participants’ expectations rose slightly.
The share of households expecting inflation to decline over the next 12 months increased to 16.56 percent.
A separate survey found fuel and energy were the product groups most often cited by households for the strongest price increases.
- Who
- Turkish households, businesses and market participants. The surveys were released by Türkiye’s Central Bank.
- What
- Households lowered their 12-month inflation expectations to 43.75 percent. Expectations fell for the real sector but rose slightly among market participants.
- When
- The survey results were released on Oct. 23, 2026.
- Where
- Türkiye.
- Why
- Not stated
This story does not have two clearly opposing sides.
Household inflation expectations were 1.85 percentage points higher than in October.
Türkiye’s Central Bank released October survey results showing household expectations had fallen to 43.75 percent.
- Household inflation expectations
- 43.75 percent in October, down 1.85 percentage points
- Real-sector inflation expectations
- 31.80 percent in October, down 0.70 percentage points
- Market-participant inflation expectations
- 23.89 percent in October, up 0.19 percentage points
- Households expecting inflation to decline
- 16.56 percent, up 0.31 percentage points
- Household Expectations Survey sample
- 3,152 households