Turkey’s year-end consumer price index (CPI) forecast rose in May 2026, signaling renewed inflationary pressures in the economy. The projected end-year CPI climbed to 28.94% in May, up from 27.53% in April 2026.
The latest update, released on 15 May 2026, shows that expectations for inflation are moving higher after a previous month of lower forecasts. The increase in the year-end CPI estimate suggests that market participants and analysts are bracing for a more persistent inflation environment as the year progresses.
This shift in expectations may influence monetary policy decisions and financial market sentiment in Turkey, as higher inflation forecasts typically feed into interest rate outlooks, borrowing costs, and pricing strategies across the economy.