12.02.2026 11:21
The President of the Central Bank of the Republic of Turkey, Fatih Karahan, announced the first inflation report of the year. Karahan stated, "There is a clear slowdown in monthly rent inflation. It is estimated that rent inflation could be between 30-36 percent by the end of the year."
The President of the Central Bank of the Republic of Turkey (CBRT), Fatih Karahan, spoke at the first 'Inflation Report Informative Meeting' of the year. Karahan shared the rental inflation forecast in his speech here.
"RENTAL INFLATION MAY BE BETWEEN 30-36 PERCENT BY YEAR-END"
In his statement regarding rental inflation, Karahan used the following expressions:
"Leading indicators on the rental side indicate that the main trend is downward. There is a clear slowdown in monthly rental inflation. It is estimated that rental inflation may be between 30-36 percent by year-end. The recent regulations will support disinflation in the education sector. Looking at essential goods, there is a weakened inflation due to the exchange rate effect.
"WE ARE DETERMINED TO MAINTAIN OUR TIGHT MONETARY POLICY STANCE"
We are determined to maintain our tight monetary policy stance to ensure that the disinflation process continues in line with the targets. We continue to implement the regulation aimed at increasing the share of TL deposits. We are limiting fluctuations in credit growth and maintaining the weight of TL. Excess liquidity conditions continue in the market.
"SUPPORTING THE SIZE OF THE API PORTFOLIO IS IMPORTANT"
Supporting the size of the API portfolio is important to maintain operational flexibility in Turkish Lira liquidity management. We will continue to support the API portfolio with our gradual purchases throughout the year. Data shows that our policy interest rate steps have significantly reflected in deposit and credit pricing."