TRY: Lira seen on steady depreciation despite CPI – Commerzbank

Commerzbank’s Tatha Ghose argues that upcoming Turkish CPI data are largely obsolete given the looming impact of higher energy prices. He expects a strong March monthly print but stresses that external-shock inflation may be treated as transient by FX markets.

Apr 3, 2026 0 1

TRY: Lira seen on steady depreciation despite CPI – Commerzbank

Commerzbank’s Tatha Ghose argues that upcoming Turkish CPI data are largely obsolete given the looming impact of higher energy prices. He expects a strong March monthly print but stresses that external-shock inflation may be treated as transient by FX markets.