Inflation Expectation Rises in Central Bank Survey

The market participants survey published by the Central Bank of the Republic of Turkey (CBRT) showed that the upward trend in inflation expectations continues. According to the survey, the expected inflation rate for the next 12 months reached 23.82%. This data indicates that market players have revised their price increase forecasts upward. This expectation marks a significant rise compared to previous survey periods, reflecting economic actors' concerns about inflation. The survey, conducted regularly by the CBRT, is considered an important indicator for monetary policy decisions. The increase in market participants' inflation expectations is shaped particularly by factors such as exchange rates and cost pressures. Experts note that the rise in expectations may increase the need for the central bank to maintain its tightening steps. This is not investment advice.