Latest News from Turkey
Türkiye Prioritizes Disinflation and Sustainable Growth for 2026
The Turkish economy enters 2026 focusing on sustaining disinflation progress and achieving stable long-term growth. Annual inflation has declined to 31.07% in November 2025 from peaks of 65% in 2022/2023, with targets of 16% for 2026.
The Central Bank cut its key rate to 38% and plans eight meetings starting January 22, alongside 3.8% growth targets.
Inflation on Downward Trajectory in Turkey
Consumer Price Index fell to a four-year low of 31.07% in November 2025, down from 44.4% at end of 2024. Government's Medium-Term Program aims for 28.5% average in 2025 dropping to 16% in 2026.
Official December 2025 inflation figure to be announced January 5.
Central Bank Monetary Policy Meetings Scheduled for 2026
Turkey's Central Bank Monetary Policy Committee will hold eight meetings in 2026, starting January 22. Key rate was cut to 38% in December 2025.
Tight policy and improved expectations drive disinflation efforts.
Government Targets 3.8% Economic Growth in 2026
Following estimated 3.3% expansion in 2025, Turkey aims for 3.8% growth this year. Treasury and Finance Minister Mehmet Simsek highlights tight policy as key driver.
Economic agenda includes key data releases and central bank decisions.
Credit Rating Agencies to Assess Turkey in Early 2026
Fitch and Moody's assessments scheduled for January 23, S&P in April after recent upgrades. These reviews will be closely watched amid disinflation progress.
Positive outcomes could support sustainable growth.
Turkey Boosts International Trade Diplomacy in 2026
Government plans intensive trade visits and Free Trade Agreement negotiations. Builds on over 110 foreign contacts by Trade Ministry in 2025.
Aims to advance economic stability and growth.
Turkey's Life Insurance Sector Projected to Grow 27.5% in 2026
Life insurance premiums in Turkey expected to surge 27.5% in 2026 and 23.2% in 2027. High interest rates, disinflation, and recovering household power boost demand, especially savings policies.
Outpaces global averages amid favorable macroeconomic conditions.
Non-Life Insurance in Turkey to Expand 26.7% in 2026
Non-life insurance premiums forecasted to grow 26.7% in 2026 and 23.3% in 2027. Turkey ranks high globally, behind only Argentina in projections.
Stable global GDP growth of 3.1% supports insurance sector development.
Key Reasons to Invest in Turkey Highlighted for 2026
Turkey offers strong diversified economy, government incentives for foreign investors, and lower operating costs than Europe. Large domestic market enhances appeal.
Positions Turkey as prime investment destination.
Turkish Competition Law Newsletter: 2026 Winter Issue Released
Communiqué No. 2026/2 raises turnover thresholds for Turkish Competition Board approvals. Key amendment simplifies merger control processes.
Reflects updates in antitrust and EU competition alignment.