Turkey’s central bank has announced interim targets for inflation: 24 per cent for end-2025, 16 per cent for end-2026 and 9 per cent for 2027.
Its governor Fatih Karahan said inflation is currently projected to be between 25 per cent and 29 per cent in 2025 and between 13 per cent and 19 per cent in 2026.
Interim targets will serve as a reference in determining the endogenous monetary policy path.