Economic Growth and Forecasts: October 2023

High GDP Growth in the Third Quarter
Ozan Bakış, Saliha Tanrıverdi

In light of the fully-released July, August and partly-released Septem- ber leading indicators, we expect GDP to increase by 6.2 percent year- on-year in the third quarter of 2023. According to seasonal and calendar- adjusted data, we forecast quarter-on-quarter GDP growth to be 1.3 per- cent.

pdf. EconomicGrowthForecasts2023M10