Growth in the Fourth Quarter Continues
Ozan Bakış, Oğuz Yurtoğlu
In light of the fully-released October, November and December leading indicators, we expect the Turkish economy to grow by 4.6 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 1.8 percent. We have revised our forecast upwards with respect to previous months since most of the indicators increased.