Turkey Plans Modest Tax Hikes to Aid Fight Against Inflation (1)

Turkey is planning modest tax increases on key goods and services, including motor fuel, in 2026, the latest step in the government’s efforts to help the central bank rein in inflation.

Officials expect to raise levies on fuels and regulated prices at a level in line with the monetary authority’s inflation target for next year, according to people familiar with the matter, who asked not to be identified because talks on the changes are private.

Turkey’s Treasury and Finance Ministry didn’t immediately respond to a request for comment.

Government lira bonds rallied following the news, with the yield on ...