(Il Sole 24 Ore Radiocor) - Milano, 14 mag - The Turkish central bank has revised upwards its forecast for inflation at end 2026 to 26% from a previous 16% amid higher energy prices in the wake of the war between Iran and the US, said bank governor Fatih Karahan.

Turkey's annual inflation rate stood at 32.4% in April.

Karahan said the central bank now sees inflation falling to 15% by the end of 2027 and 9% by the end of 2028 and reiterated that it would maintain a tight monetary policy.

stance until price stability is achieved.

(RADIOCOR) 14-05-26 13:24:27 (0409) 5 NNNN