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Türkiye's central bank raised its 2027 interim inflation target to 21% from 15% and its 2028 target to 13.5% from 9%. It kept the 2026 interim target at 24% while expecting year-end 2026 inflation of 29.5%, as oil and food assumptions rose.
Persistently high Turkish inflation erodes the lira and raises the cost of imported feed inputs for Turkish buyers. The forecast reflects higher oil and food cost assumptions that also pressure feed costs.
Not enough comparable past events yet for a historical read.
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.