Turkey’s year-end Consumer Price Index (CPI) forecast edged higher in July, signaling persistent inflationary pressure in the economy despite recent stabilization efforts. The projection, updated on 20 July 2026, now stands at 29.21%, up slightly from 29.14% recorded in June 2026.
The marginal increase in the forecast suggests that inflation expectations remain elevated, with market participants and analysts anticipating only gradual disinflation through the remainder of the year. While the change from June to July is modest, the sustained high level of the year-end CPI forecast underscores ongoing concerns about price stability and the potential impact on monetary policy, borrowing costs, and real incomes in Turkey as 2026 progresses.
