Growth in the Fourth Quarter
Ozan Bakış, Oğuz Yurtoğlu
In light of the fully-released October and partly-released November leading indicators, we expect the Turkish economy to shrink by 0.7 percent in the fourth quarter of 2024 compared to the same quarter of the previous year. According to seasonal and calendar-adjusted data, we forecast quarter-on-quarter GDP growth to be 1.3 percent.