FKB Unveils February 2026 Inflation and Growth Expectations

Economic Outlook Index The Economic Outlook Index, jointly prepared by the Financial Institutions Association (FKB) and Istanbul University, fell 1.82 points to 100.70 in the January 2026 period.
The decline is attributed to a base effect from the strong momentum recorded in December.
Compared with the same period last year, the index rose 2.80 points, maintaining a balanced trajectory.
Expectations Survey Results According to the February 2026 Expectations Survey, the market expects monthly inflation of 3%, end‑2026 inflation of 25.54%, and end‑2027 inflation of 19.21%.
Growth expectations are 3.56% for 2026 and 3.82% for 2027.
The forecast for the USD/TL exchange rate is 51.08 by the end of 2026, with an approximate 15% depreciation projected for 2027.
Expert Opinion “The overall outlook remains stable, and a cautious optimism prevails across the sector,” said Murat Şeker.
“The survey indicators point to a prudent macro framework.”