BAKU, Azerbaijan, February 7. Dutch banking
group ING Group has released an updated forecast for Türkiye’s
consumer price index (CPI) through 2027, Trend reports.
According to ING, Türkiye’s CPI is projected to rise by 27.2% in
the first quarter of 2026, followed by 24.5% in the second quarter,
22.4% in the third, and 22% in the fourth. Türkiye’s average CPI is
forecast at 24.4% in 2026.
Earlier, Dutch banking group ING announced it expects Türkiye’s
central bank to continue a policy of monetary easing in the medium
term. According to the bank’s outlook, the policy rate is forecast
to remain at 35% by the end of the first quarter of 2026, before
gradually declining to 32% in the second quarter, 29% in the third
quarter, and 27% by the end of the year.
As of mid-2025, Türkiye's Consumer Price Index (CPI) showed
significant, though moderating, inflationary pressure, with annual
inflation reported at 35.05% in June 2025 and 33.5% as of July
2025. The CPI, base 2003=100, has reached record highs, with June
2025 monthly increases at 1.37% and a twelve-month moving average
increase of 43.23%.
