Turkey economic agenda features inflation and central bank updates

Turkey faces a dense economic calendar for October, featuring critical data releases and policy presentations. Key upcoming events include the announcement of September foreign trade statistics by Trade Minister Ömer Bolat on October 3, following record-breaking export figures in the January-August period.

Inflation data is scheduled for release by the Turkish Statistical Institute (TÜİK) on October 5. This follows August figures where the Consumer Price Index (CPI) rose 1.84% monthly and 31.51% annually. Additionally, TÜİK will report on real returns for financial investment instruments on October 8.

On October 6, Central Bank Governor Fatih Karahan is expected to present to the TBMM Plan and Budget Commission regarding the global economy, inflation processes, and the monetary policy framework. Other significant data points include industrial production and construction cost indices on October 9, and current account balance data on October 13.