Not much new in the Inflation Report

TURKEY - Report 22 May 2025 by Murat Ucer

The CBRT released the second Inflation Report of the year today. As expected, the Bank maintained its yearend inflation forecasts for 2025 and 2026 at 24% (midpoint of 19-29%) and 12% (midpoint of 6-18%), respectively (as well as the 2027 forecast at 8%).

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