# Türkiye's central bank raises 2026 inflation forecast to 29.5% amid energy price pressures

> 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.

- Date: 2026-11-15 · published 2026-11-15T06:11:01.475Z
- Category: macro · region Turkey · magnitude low
- Page: https://feedsoft.ai/events/100772-turkiye-s-central-bank-raises-2026-inflation-forecast-to-29-5-amid-energy-price
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

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.

## Read by commodity

- WTI: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2017-12-01 | [Crude oil prices to be under pressure in first half of 2018: S&P](https://feedsoft.ai/events/67647-crude-oil-prices-to-be-under-pressure-in-first-half-of-2018-s-and-p.md) | -1.5% | +5.3% |
| WTI | 2022-02-02 | [Record euro zone inflation piles pressure on ECB \| Reuters](https://feedsoft.ai/events/9873-record-euro-zone-inflation-piles-pressure-on-ecb-reuters.md) | +1.3% | +25.5% |
| WTI | 2023-06-20 | [TODAY IN ENERGY: U.S. diesel prices have fallen below prices from before Russia’s invasion of Ukraine](https://feedsoft.ai/events/35679-today-in-energy-u-s-diesel-prices-have-fallen-below-prices-from-before-russia-s.md) | -3.6% | +5.5% |
| WTI | 2024-12-31 | [Baht, oil prices expected to face volatility in 2025: NESDC](https://feedsoft.ai/events/27244-baht-oil-prices-expected-to-face-volatility-in-2025-nesdc.md) | +4.6% | +1.9% |
| WTI | 2020-12-03 | [Why the OPEC+ agreement to boost production in 2021 didn’t tank oil prices - MarketWatch](https://feedsoft.ai/events/49827-why-the-opec-agreement-to-boost-production-in-2021-didn-t-tank-oil-prices.md) | +0.5% | +7.0% |

## Sources

- ilkha.com: https://ilkha.com/english/economy/turkiyes-central-bank-raises-2026-inflation-forecast-to-295-yuzde-amid-energy-price-pressures-575370

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.