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The Central Bank of the Republic of Türkiye (CBRT) announced that it will unveil its third inflation report for 2025 on Thursday, August 14. The presentation will take place at the CBRT’s Istanbul Financial Center, where Governor Fatih Karahan is scheduled to deliver an in-person briefing starting at 10:30 a.m. local time.
According to the bank's official statement, the event will be broadcast live in Turkish via its official accounts on the social media platforms X (formerly Twitter) and YouTube.
An English translation will be simultaneously available on the CBRT’s official website. Members of the press and economists planning to attend the event are required to notify the bank by 2 p.m. on Wednesday, August 13, via the email address provided in the announcement.
The upcoming report follows the second inflation report of the year, released in May, in which the CBRT maintained its year-end inflation forecast at 24% for 2025, outlining an uncertainty band ranging from 19% to 29%. During that meeting, Governor Karahan reaffirmed the bank’s commitment to the disinflation process, emphasizing that all available monetary policy tools would continue to be used to support price stability.
Türkiye’s inflation rate declined to 33.52% in July, marking the lowest annual level since November 2021 and extending the country’s disinflation streak to a 14th consecutive month.
In July, following the release of the second report, the CBRT resumed interest rate cuts after a brief pause in April, lowering its policy rate by 300 basis points to 43%. The decision signaled a potential shift toward a more accommodative stance, aligning with ongoing improvements in inflation dynamics.
The third report is expected to provide updated forecasts and policy guidance in light of recent developments in domestic prices, interest rates, and global economic conditions.
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