Citigroup economists expect Turkey's inflation to reach 30% at the end of this year, slightly lower than the 30.9% level at the end of 2025. Citibank economists Ilker Domack and Gultekin Ishqlal wrote in a report on Monday: “Even if economic growth expectations weaken, the inflation outlook is still full of challenges.” Citi expects the Turkish central bank to cut the policy interest rate by 100 basis points in October and keep the year-end policy rate forecast of 35% unchanged.

Citigroup economists expect Turkey's inflation to reach 30% at the end of this year, slightly lower than the 30.9% level at the end of 2025. Citibank economists Ilker Domack and Gultekin Ishqlal wrote in a report on Monday: “Even if economic growth expectations weaken, the inflation outlook is still full of challenges.” Citi expects the Turkish central bank to cut the policy interest rate by 100 basis points in October and keep the year-end policy rate forecast of 35% unchanged.