Turkey’s end-year Consumer Price Index (CPI) forecast inched higher in June 2026, reaching 29.14%, up from 28.94% recorded in May 2026. The latest update, dated 12 June 2026, signals a slight worsening in inflation expectations as the year progresses.
The 0.20 percentage point rise in the year-end CPI forecast over a one-month period suggests that market participants or forecasters see inflationary pressures as remaining persistent, even if the adjustment is modest. While the change is not dramatic, it reinforces the view that Turkey’s disinflation path may be slower than previously anticipated.
Investors and policymakers will be closely watching whether this upward drift in expectations continues in the coming months, as any further deterioration in the year-end CPI outlook could influence monetary policy decisions and broader financial market sentiment toward Turkey.
