Updated Inflation Forecast The latest inflation forecast for 2026 has been raised to 28.4% as part of Turkey's new Medium‑Term Program (OVP), announced during a meeting chaired by Vice President Cevdet Yılmaz.
Other Macro‑Economic Indicators Growth forecast: 3.3% Industrial growth: 2.3% Unemployment: 8.1% Budget deficit: 3.1% Energy imports: $71 billion Trade deficit: $105 billion Inflation Expectations (2027‑2029) 2027: 21% 2028: 13.5% 2029: 9% Unemployment Forecasts (2027‑2029) 2027: 8.0% 2028: 7.8% 2029: 7.6% Program Framework and Policies Yılmaz emphasized that the updates do not represent a change in the program's core framework.
The confidence in the Turkish lira and the increase in reserves were also highlighted.
OVP 2026 Inflation Forecast Rises to 28.4%
The 2026 inflation forecast in Turkey's new Medium‑Term Program was raised to 28.4%, with growth projected at 3.3% and unemployment at 8.1%.
Sources
- Bloomberght · baglanti