In CBRT Survey, Year-End Inflation Expectation Becomes 29.86%

According to the “Market Participants Survey” released by Turkey’s Central Bank (CBRT/TCMB), the consumer inflation expectation for year-end 2025 stands at 29.86%.

In the previous survey, this expectation was 30.35%, but has been slightly revised downward in the current report.

The 12-month ahead inflation expectation is 24.56%, and the 24-month ahead expectation is 17.35%.

Survey participants also expect the month-end overnight interest rate (repo/reverse repo) to settle at 42.85%.