Türkiye expects 8.5% inflation in 2026
Over the next three years, inflation in Türkiye may decrease from 65 percent to 8.5 percent, according to Turkish Vice President Cevdet Yilmaz, TASS reports
During the unveiling of the three-year medium-term economic programme, the Vice President stated, “The inflation forecast for the end of this year is 65 percent, 33 percent for 2024 and 15.2 percent for 2025. In accordance with the targets of our plan, the inflation rate for 2026 is set at 8.5 percent.”
Moreover, Cevdet Yilmaz said that already this year, the government expects per capita income in Türkiye to reach $12,415.
“In the medium term, we intend to reduce unemployment to single digits. We are confident that we will achieve growth rates that are one and a half points higher than the growth rates of the global economy. The annual growth of our economy is expected to be 4.5 percent,” added the Vice President of Türkiye.
