Central Bank lifts 2026 inflation forecast to 26 percent
The Turkish Central Bank has raised its year-end inflation forecast for 2026 to 26 percent, citing the impact of the war in the region, higher energy prices and increased uncertainty over the global outlook.
AI Translated Summary:
The Turkish Central Bank has adjusted its inflation forecast for 2026 to 26 percent, attributing this increase to regional conflict, rising energy costs, and global economic uncertainty. This adjustment reflects the broader economic challenges facing Turkey amidst geopolitical tensions.
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