Economic Growth and Forecasts: March 2023

Economic Growth in the Fourth Quarter

Ozan Bakış and Hamza Mutluay

In light of the fully-released January and partly-released February lead- ing indicators, we expect GDP to increase by 5.0 percent year-on-year in the first quarter of 2023. According to seasonal and calendar-adjusted data, we forecast quarter-on-quarter GDP growth to be 1.4 percent.

pdf. EconomicGrowthForecasts2023M03