Economic Growth and Forecasts: January 2024

Quarterly growth is negative

Ozan Bakış, Tarık Kocar

In light of the fully-released October and November, and partly-released December leading indicators, we expect GDP to increase by 4.4 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 0.7 percent.

pdf. EconomicGrowth2024M01