CBRT Updates Inflation Forecast

Fatih Karahan, Governor of the Central Bank of the Republic of Turkey (CBRT), made statements regarding year-end inflation forecasts. Karahan announced that the 2026 year-end inflation forecast has been updated to 29.5 percent. According to the statement, the CBRT expects inflation to decline to 21 percent by the end of 2027 and to 13.5 percent by the end of 2028. These forecasts point to a medium-term disinflation path. The figures provided by Karahan indicate that the Central Bank has revised its forward-looking inflation expectations. The update to the year-end forecast can be interpreted as a reassessment of the monetary policy stance and the inflation outlook. The forecasts announced by the CBRT reflect a projection of gradual decline in line with the price stability objective. Market participants will monitor these projections in terms of monetary policy decisions. Not investment advice.

📊 EURTRY — Piyasa Yorumu

■ neutral · 40%

The CBRT's update to its inflation forecast does not by itself provide a clear directional signal; the headline does not specify whether the forecast was revised upward or downward. On the technical side, RSI at 49.9 is in neutral territory, with price slightly above SMA20 but below SMA50 and below the MACD signal line. Since the 24-hour change is flat (-0.05%), the market is currently in a wait-and-see mode. A pronounced breakout in EURTRY is not expected until the direction of the forecast revision and clues regarding the CBRT's rate path become clear. In the short term, consolidation within the 55.75-56.00 band is more likely.

RSI 14

49.9

MACD

-0.05

24h Δ

-0.05%

Canlı Grafikler