ijra — Live news map of the Middle East, Sudan and Pakistan

Turkish Central Bank raises inflation forecasts on Middle East tension

Ankara, Türkiye · · Economy · Developing · 2 sources

The bank said the revision, up from 28 percent, reflects supply-side pressures linked to the war in Iran and wider geopolitical tensions. It warned that such shocks are slowing the decline in headline inflation and keeping upside risks alive.

Turkey has faced high inflation for several years, and markets closely watch the central bank's forecasts as a signal of its policy direction.

Sources

  1. Turkish Minute ·

    Turkey’s central bank raises year-end inflation forecast to 29.5 percent

  2. Hürriyet Daily News ·

    Turkish Central Bank raises inflation forecasts on Middle East tension

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