Turkey central bank considers raising inflation forecasts after January price surge
The central bank is expected to lift its 2026 inflation outlook this week. Officials may slow or pause rate cuts to keep the disinflation process on track.
Insights:
Turkey 
TR's central bank is expected to revise upwards its 2026 inflation forecasts and may slow or pause its interest-rate cuts after consumer prices surged in January; this matters because it changes the disinflation trajectory and the near-term stance of monetary policy in Turkey. The anticipation of these adjustments follows data showing that consumer price inflation jumped nearly 5% month-on-month in January. This potential shift, which remains under discussion, comes as the bank prepares to address the recent inflationary pressure.
TR's central bank is expected to revise upwards its 2026 inflation forecasts and may slow or pause its interest-rate cuts after consumer prices surged in January; this matters because it changes the disinflation trajectory and the near-term stance of monetary policy in Turkey. The anticipation of these adjustments follows data showing that consumer price inflation jumped nearly 5% month-on-month in January. This potential shift, which remains under discussion, comes as the bank prepares to address the recent inflationary pressure.
