October Economic Agenda: Inflation, Budget, and Interest Rate Decisions Expected
Throughout October, critical data including inflation, industrial production, budget results, and the Central Bank's interest rate decision will be announced in the Turkish economy.
Turkey's economic agenda in October will feature a busy calendar of data releases and meetings that markets will closely monitor, ranging from inflation and industrial production to budget results and the CBRT interest rate decision.
Trade and Inflation Data
Trade Minister Ömer Bolat is scheduled to announce the September foreign trade figures in Istanbul on October 3, while the Turkish Statistical Institute (TÜİK) will release the September inflation data to the public on October 5.
Presentation by the CBRT Governor
Central Bank of the Republic of Turkey (CBRT) Governor Fatih Karahan will make a presentation on October 6 at the Turkish Grand National Assembly (TBMM) Planning and Budget Committee regarding global developments, the Turkish economy, inflation, and the monetary policy framework.
Investment Instruments and Industrial Production
TÜİK will announce the real return rates of financial investment instruments on October 8; on October 9, the August industrial production index and construction cost index will be shared with the public.
Balance of Payments and Budget Results
The Central Bank will announce the August balance of payments data on October 13, while the Ministry of Treasury and Finance will release the September central government budget results on October 15.
Housing Sales and Confidence Indices
TÜİK will announce housing and workplace sales statistics on October 16, and the Central Bank will release the results of the housing price index. The institution will also announce the consumer confidence index on October 22.
Labor Force and Tourism Statistics
TÜİK will share the second-quarter household domestic tourism data on October 22 and will announce the September labor force statistics to the public on October 27.
2027 Budget Marathon
The Central Government Budget Law Proposal for 2027 will be submitted to the TBMM on October 17, officially marking the start of the comprehensive budget marathon in Parliament.
Central Bank Interest Rate Decision
The CBRT Monetary Policy Committee meeting will take place on October 22, and markets will closely follow the interest rate decision to emerge from this meeting.