ING Global shares 2026-2028 forecasts for the Turkish economy
ING Global has announced its growth, inflation, interest rate, and exchange rate projections for the Turkish economy covering the 2026-2028 period. The institution stated that Turkish eurobonds maintain their resilient course in the markets and that it maintains a positive view on carry trade transactions.
In a report prepared on the Turkish economy, ING Global has updated its macroeconomic expectations for the years 2026-2028. The institution emphasized that despite fluctuations in global markets, Turkish eurobonds offer a higher yield margin compared to countries with similar credit ratings and retain their appeal for investors.
According to ING Global's forecasts, the Turkish economy is expected to grow by 2.8 percent in 2026, 4.5 percent in 2027, and 4 percent in 2028. Inflation expectations are projected at 29 percent for 2026, 25 percent for 2027, and 20 percent for 2028.
Expectations regarding the Central Bank of the Republic of Turkey's policy rate are shaped towards a decline to 35 percent by the end of 2026, 30 percent by the end of 2027, and 25 percent by the end of 2028. For the USD/TRY exchange rate, levels of 51.50 by the end of 2026, 62.50 by the end of 2027, and 74 by the end of 2028 are estimated. Euro/TRY expectations for the same years were announced as 58.20, 73.13, and 90.28, respectively.
Sources
- cnnturk.com · Link