14.04.2026 21:19
The IMF lowered growth expectations for the Turkish economy while raising inflation forecasts. The growth expectation for 2026 was reduced from 4.2 percent to 3.4 percent, and for 2027 from 4.1 percent to 3.5 percent. The inflation expectation for 2026 was announced as 28.6 percent.
The International Monetary Fund (IMF) revised down its growth expectations for the Turkish economy while raising its inflation forecasts.
IMF LOWERED GROWTH EXPECTATIONS FOR TURKEY
The IMF updated its growth expectations for the Turkish economy downward. While the institution had forecasted 4.2% growth for 2026 in January, it reduced this estimate to 3.4% in its new report. The expectation for 2027 was also lowered from 4.1% to 3.5%.
INFLATION FORECAST INCREASED
The report also projected that year-end inflation would be 28.6% in 2026 and 21.4% in 2027.
The IMF emphasized that conflicts in the Middle East are creating pressure on the global economy through commodity prices and financial conditions, and that uncertainties are weakening the growth outlook. While the global growth forecast was also lowered, inflation expectations were revised upward.