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Turkish annual consumer inflation rose to 29.8% in October from 29.7% in September, above the 29.5% median forecast. Monthly prices rose 2.58%, led by clothing, food and beverages.
The central bank cut its policy rate by 100 basis points to 36% in October and governor Fatih Karahan is due to present new projections on November 12.
Sticky inflation may delay further rate cuts, which keeps the lira under pressure and raises the cost of imported feed inputs for Turkish producers. The direct effect on global commodity prices is small.
theedgemalaysia.comNov 3, 2026Not 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.
