Central Bank of the Republic of Türkiye (CBRT) President Fatih Karahan, 2026 presented the first Inflation Report of the year to the public at the meeting held in Istanbul Financial Center. Karakhan, While emphasizing that the disinflation process will be continued with determination,, shared critical figures for the next two years.
Featured Inflation Forecasts
President Karahan, announced that they updated the medium-term path of inflation as follows:
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2026 Year End Forecast: %15 with %21 range.
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2027 Year End Forecast: %6 with %12 range.
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Rent Inflation: 2026 finally %30-36 It is expected to fall within the range.
“We find it valuable to break the inertia in the rent and service group”
Karakhan, He pointed out that the long-standing resistance in services inflation has begun to break.. In particular, the main downward trend in rent inflation, for the success of the disinflation process one of the key elements stated that it would be.
Critical Highlights from the Presentation
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Tight Monetary Policy: It was announced that all monetary policy tools will continue to be used and the tight stance will be maintained until price stability is achieved..
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Demand Balancing: Domestic demand remains moderate, supporting disinflation, 2026 It was stated that this support is expected to continue in.
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Reserves and Gold: Strong gold position adds to gross reserves 24 billion dollars, net reserves excluding swaps 16 billion dollars stated to have contributed.
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External Factors: 2026 year oil price forecast 60,9 dollar while being determined as, It was noted that non-energy commodity prices maintained their upward trend.
Reason for Change in Estimates
2026 year inflation forecast range %15-21 In determining as; It was emphasized that updates in inflation calculation methods and the increasing weight of the service sector in the basket were effective..
