# Turkish Lira: Inflation risks keep pressure on TRY – Commerzbank

> Commerzbank expects Turkey's October CPI to show monthly inflation of about 2.1%, back above 2%, as oil prices rebounded and the remaining fuel-tax cushion was removed. The bank also expects the central bank to cut its one-week repo rate by 100bp later this month. Istanbul CPI showed a third consecutive monthly acceleration.

- Date: 2026-11-03 · published 2026-11-03T09:11:59.538Z
- Category: macro · region Turkey · magnitude low
- Page: https://feedsoft.ai/events/77418-turkish-lira-inflation-risks-keep-pressure-on-try-commerzbank
- Commodities: [Turkish Lira (TRY per USD)](https://feedsoft.ai/c/USDTRY.md)

## Why it matters

Persistent inflation and rate cuts weaken the lira, which raises the lira cost of imported feed ingredients and energy for Turkish buyers. The effect on global feed prices is small.

## Read by commodity

- USDTRY: bullish ▲

## Sources

- fxstreet.com: https://www.fxstreet.com/news/turkish-lira-inflation-risks-keep-pressure-on-try-commerzbank-202611030628
- insigtx.com: https://www.insigtx.com/en/news/turkish-lira-inflation-risks-continue-to-pressure-try-468289/

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