Turkey raises its year-end inflation forecast to 28.4%, revising upward its economic outlook. Vice-president Cevdet Yilmaz says the change reflects updated projections that take into account external pressures linked to the Middle East.
Both outlets report that the war and broader instability in the region weigh on Turkey’s outlook, contributing to the higher inflation estimate. Euronews frames the revision as part of a wider reassessment of economic projections influenced by the conflict’s effects, while Free Malaysia Today highlights Yilmaz’s remarks directly attributing the upward forecast revision to the Middle East war.
Taken together, the reports indicate that Turkey’s forecast adjustment is tied to expectations of cost and demand pressures associated with the regional conflict, rather than being presented as a domestic policy shift. The revised figure becomes the central benchmark for how Turkey expects inflation to evolve by the end of the year.
