Türkiye’s 2026 inflation expectations rise to 30.04 percent

Market participants in Türkiye raised their 2026 year-end inflation forecast to 30.04 percent, up from 29.63 percent in the previous survey.

The Central Bank’s survey also found that expected inflation over the next 12 months edged up to 24.04 percent, while the two-year forecast reached 18.02 percent.

The survey tracks expectations among decision-makers and experts in the financial and real sectors.

Participants expect the Central Bank’s policy rate to be 35 percent after its December meeting.

The Monetary Policy Committee is due to meet on Dec.

10 to decide the rate.

Expectations for the lira’s exchange rate against the U.S. dollar also rose, while forecasts for economic growth stayed at 2.9 percent for 2026 and 3.9 percent for 2027.

These forecasts show that participants expect inflation to remain high, but they are estimates rather than confirmed outcomes.