European Investor
04 May 2026, 09:28
Turkey’s April inflation data came in above expectations, signaling renewed upward pressure on prices.
CPI rose 4.18% month-over-month, significantly higher than the 3.28% forecast and accelerating from 1.94% in March. On an annual basis, inflation reached 32.37%, also exceeding expectations of 31.25% and up from 30.87%.
The sharp monthly increase is the key signal here. It suggests a loss of short-term disinflation momentum
CPI rose 4.18% month-over-month, significantly higher than the 3.28% forecast and accelerating from 1.94% in March. On an annual basis, inflation reached 32.37%, also exceeding expectations of 31.25% and up from 30.87%.
The sharp monthly increase is the key signal here. It suggests a loss of short-term disinflation momentum