Economic Growth and Forecasts: April 2024

Growth in the First Quarter

Ozan Bakış, Tarık Kocar

Executive Summary

In light of the fully-released January, February and partly-released March leading indicators, we expect the Turkish economy to grow by 5.5 percent year-on-year in the first quarter of 2024. According to seasonal and calendar-adjusted data, we forecast quarter-on-quarter GDP growth to be 1.9 percent.

pdf. EconomicGrowthForecasts2024M04