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Economy and Finance Oct 8, 2026

WITH INFLATION AT 5-YEAR LOW, MARKETS EYE MODEST RATE CUT

For the first time in nearly five years, Turkey’s annual inflation rate slipped below 30%, giving the central bank room to consider easing monetary policy at its meeting on Oct. 22.

Editorial Staff 3 min

Economy and Finance Aug 15, 2025

İŞ BANK SEES 29% INFLATION, 35% INTEREST RATES AT END-2025

Hakan Aran, head of İş Bank, the country’s largest private lender, said they expect Turkey’s annual inflation to drop to 29% by the end of 2025, with interest rates falling to 35%. Aran shared his predictions regarding the economic normalization process at a press conference. According to Aran, “we may see monthly inflation rates drop below 1% as the normalization process begins in May 2026.”

Editorial Team