Busy economic agenda in October: Critical data and interest rate decision expected
The Turkish economy is preparing for a busy data traffic in October, including inflation, foreign trade, the CBRT interest rate decision, SCT regulations, and the 2027 budget process.
The Turkish economy in October will be shaped by a busy data agenda that includes inflation, foreign trade, industrial production, and the CBRT's interest rate decision, as well as Special Consumption Tax (SCT) regulations and the 2027 budget process.
Busy Economic Calendar for October
The Turkish economy is entering a busy period in October where numerous critical data such as foreign trade, inflation, industrial production, balance of payments, and the CBRT's interest rate decision will be monitored.
Foreign Trade and Inflation Data
Foreign trade data for September is planned to be released on October 3, and inflation figures to be announced by TÜİK are scheduled to be shared with the public on October 5.
CBRT Governor Karahan's Presentation to the Parliament
CBRT Governor Fatih Karahan will make a presentation to members of parliament regarding global and national economic developments at the Turkish Grand National Assembly (TBMM) Plan and Budget Committee on October 6.
Industrial Production and Real Returns
TÜİK will announce the financial investment instruments real return rates for September on October 8, and the industrial production and construction cost index data for August on October 9.
Central Government Budget and House Sales
While the Ministry of Treasury and Finance will announce the September budget results on October 15, TÜİK and the CBRT will publish house sales and price index statistics on October 16.
CBRT Interest Rate Decision and Other Agendas
The CBRT Monetary Policy Committee will convene on October 22 to announce its interest rate decision. Consumer confidence, labor force data, and tourism statistics will also be announced during the same month.
2027 Budget Process Begins in Parliament
The 2027 Central Government Budget Law Proposal is planned to be submitted to the TBMM on October 17, and budget negotiations will begin with the committee stage.
SCT Regulations and Pump Prices
According to the decision published in the Official Gazette, SCT regulations were made on LPG and gasoline. It was decided that the SCT increase on gasoline will be spread gradually over the months of October, November, and December.