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Euronews
Euronews
Angela Barnes

Turkey lifts inflation forecast to 28.4% as Middle East conflict pushes outlook higher

Turkey has raised its year-end inflation forecast to 28.4%, Vice President Cevdet Yilmaz said on Sunday when he unveiled the country's medium-term economic programme for 2027-2029.

"We expect inflation to start declining again in the fourth quarter of 2026 and to reach 28.4% by the end of the year," Yilmaz said in a televised address.

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