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Türkiye's central bank raised its year-end 2026 inflation forecast to 29.5%, citing geopolitical tensions, higher energy costs and supply-side pressures. The governor said the bank will keep a tight monetary policy until price stability is achieved, and projected inflation falling to 21% by end-2027.
Higher energy and import costs feed into feed and food input prices in Turkey, a major importer of grains and oilseeds. Tight monetary policy keeps the lira and local borrowing costs high, which affects Turkish buyers' purchasing power.
ilkha.comECONOMYNov 15, 2026After 102 past neutral macro events, Crude Oil (WTI) moved a median -0.1% over 5 sessions (49% higher; middle half -3.3% to +2.5%), and +1.8% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
