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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
TurkeyTurkey CPI YoY climbed to 32.37% in April 2026
FMPMonthlyReleased May 2026
Turkey CPI YoY climbed to 32.37% in April 2026, released May 2026, up 1.5% from March's 30.87% reading. The reading matched expectations.
Latest Release
32.37
Actual
31.25
Consensus
30.87
Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| USD/TRY | ▼ Inverse | −0.50 | FOREX | Bullish TRY | → View |
| EUR/TRY | ▼ Inverse | −0.45 | FOREX | Bullish TRY | → View |
| XAU/USD | ▲ Direct | +0.35 | COMMODITIES | Watch | → View |
| EUR/USD | ▲ Direct | +0.30 | FOREX | Watch | → View |
| BTC/USD | ▲ Direct | +0.30 | CRYPTO | Watch | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
CPI YoY (Turkey) was reported at 32.37% in May 2026. This beat the market consensus of 31.25% by 1.12%. The reading rose from the previous value of 30.87%. Trailing 12-month context per ETL data through April 2026. This is classified as a medium-impact indicator released on a monthly basis.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with USD/TRY (Bullish TRY). A secondary relationship exists with EUR/TRY, negatively correlated (Bullish TRY).
WHAT TO WATCH NEXT
The next release is scheduled for June 5, 2026. Same-country events in the next 14 days include GDP Growth Rate QoQ (Jun 1) and GDP Growth Rate YoY (Jun 1).
Auto-generated from current model state · Refreshes on each release · Last update April 2026.
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CPI YoY - TR
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About CPI YoY — Turkey
DEFINITION
Turkey's CPI YoY for April rose to 32.370%, beating the 31.250% estimate and accelerating from March's 30.870%. This marks a continued inflation surge, intensifying price pressures compared to the previous month. Market focus will remain on the central bank's response amid persistent inflationary trends. Updated 5/4/26
WHY THIS INDICATOR MATTERS
Inflation prints feed directly into central-bank policy expectations and real-yield calculations, and are among the most rate-sensitive releases on the calendar. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Apr 2026): actual 32.37 %, consensus 31.25 %. Prior reading (Mar 2026): 29.7 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print. Current dynamics are the primary headwind in the projection. This indicator correlates most strongly with USD/TRY (Bullish TRY, r=-0.50) — a useful reference for forex-focused traders.