September Inflation Expectations and US Dollar Exchange Rate Forecasts Announced
Market participants' inflation and exchange rate expectations for the September 2026 period have become clear with the survey results.
The September 2026 inflation and USD/TRY expectations survey conducted by Matriks Haber with the participation of 33 institutions has been concluded. Economists' median CPI forecast was announced as 2.21 percent monthly and 30.21 percent annually.
September CPI Expectations
The September median CPI forecast of 33 banks and brokerage institutions participating in the Matriks Haber survey was materialized at 2.21 percent monthly and 30.21 percent annually. Average expectations were calculated as 2.22 percent monthly and 30.21 percent annually.
Forecast Ranges and Previous Data
Monthly expectations of institutions providing forecasts for September CPI ranged between 1.94 percent and 2.60 percent. In August, CPI had increased by 1.84 percent monthly, and annual inflation was recorded at 31.51 percent.
Year-End Inflation Forecasts
The 2026 year-end CPI expectation of 27 economists participating in the survey was determined as 29.50 percent. The inflation expectation for the end of 2027 rose to 23.50 percent, and the annual CPI median forecast for 12 months later became 24.00 percent.
USD/TRY Exchange Rate Projections
Analysts' USD/TRY expectation for the end of 2026 rose to 51.8000. While the USD/TRY forecast for the end of 2027 was calculated as 61.60, the median forecast for 12 months later was 58.8850.