Economic Growth and Forecasts: December 2023

High Growth to Continue in the Fourth Quarter
Ozan Bakış, Uğurcan Acar

In light of the fully-released October and partly-released November leading indicators, we expect GDP to increase by 4.7 percent year-on-year in the fourth quarter of 2023. According to seasonal and calendar-adjusted data, we forecast quarter-on-quarter GDP growth to be 0.6 percent.