Inflation and interest rate forecast from HSBC

HSBC announced its inflation and interest rate forecasts for Türkiye.

According to a statement by HSBC Turkey General Manager Burçin Ozan, who spoke to Anadolu Agency (AA), the bank expects 31 percent inflation by the end of 2025 and 19 percent in 2026.

The Turkish Statistical Institute (TÜİK) announced that inflation fell to 32.95 percent in August.

Ozan announced his policy rate forecasts as 35.5 percent for the end of 2025 and 23 percent for 2026.

The Central Bank (CBRT) lowered the policy rate by 250 basis points to 40.5 percent a week ago.