The final inflation report of the year has been released: Inflation forecast raised

Central Bank of the Republic of Turkey (CBRT) Governor Dr. Fatih Karahan announced the 4th Inflation Report of 2025 to the public at a meeting held at the Istanbul Financial Center.

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Central Bank of the Republic of Turkey (CBRT) Governor Dr. Fatih Karahan is presenting the Inflation Report 2025-IV.

The 4th report, announced at the meeting held at the CBRT Campus in the Istanbul Financial Center, will be the final inflation report of the year.

Karahan announced the year-end inflation target to be in the range of 31 to 33 percent:

"We estimate that inflation will be between 31 and 33 percent by the end of 2025. Our estimates for 2026 indicate that it will decline to the range of 13 to 19 percent. We are maintaining our intermediate inflation targets for 2025, 2026, and 2027 at 24 percent, 16 percent, and 9 percent, respectively. We expect inflation to stabilize at the 5 percent level in the medium term after falling to 9 percent in 2027."

The 4th report, announced at the meeting held at the CBRT Campus in the Istanbul Financial Center, will be the final inflation report of the year.