High GDP Growth in the Third Quarter
In light of the fully-released July, August, and September leading indicators, we expect the Turkish economy to grow by 6.4 percent in the third quarter of 2023 compared to the same quarter of the previous year.
According to our calculations based on seasonally and calendar-adjusted data, we expect GDP to increase by 1.3 percent in the third quarter of 2023 compared to the previous quarter.