Economic Growth and Forecasts: November 2022

Quarter-on-Quarter Growth is Negative

Ozan Bakış and Uğurcan Acar

In light of fully-released July, August, and September leading indicators, we expect GDP to increase by 4.3 percent year-on-year in the third quarter of 2022. According to seasonal and calendar-adjusted data, we forecast quarter-on-quarter GDP growth to be -0.3 percent.

pdf. EconomicGrowthForecasts2022M11