{"id":10739,"date":"2022-10-10T16:19:17","date_gmt":"2022-10-10T13:19:17","guid":{"rendered":"https:\/\/betam.bahcesehir.edu.tr\/?p=10739"},"modified":"2022-10-10T16:19:17","modified_gmt":"2022-10-10T13:19:17","slug":"economic-growth-and-forecasts-september-2022","status":"publish","type":"post","link":"https:\/\/betam.bahcesehir.edu.tr\/en\/2022\/10\/economic-growth-and-forecasts-september-2022\/","title":{"rendered":"Economic Growth and Forecasts: September 2022"},"content":{"rendered":"<p><strong>Growth Decelerates<\/strong><br \/>\n<strong>Ozan Bak\u0131\u015f, U\u011furcan Acar<\/strong><\/p>\n<p>In light of fully-released July and partly-released August leading indicators, we expect GDP to expand by 3.9 percent on a year-on-year basis for the third quarter of 2022. According to seasonal and calendar-adjusted data, we forecast quarter-on-quarter GDP growth to be -0.7 percent.<\/p>\n<p>Thus, we expect the positive quarterly growth trend since the pandemic shock in the second quarter of 2020 to be replaced by a contraction. We expect the annual growth, which was constantly above 5 percent in the same period, to decrease slightly. International organizations such as the OECD and the World Bank revised their 2022 growth forecasts for Turkey upwards in their latest forecasts.<\/p>\n<p><em><strong>pdf. <a href=\"https:\/\/betam.bahcesehir.edu.tr\/wp-content\/uploads\/2022\/10\/EconomicGrowth2022M09.pdf\">EconomicGrowth2022M09<\/a><\/strong><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Growth Decelerates Ozan Bak\u0131\u015f, U\u011furcan Acar In light of fully-released July and partly-released August leading indicators, we expect GDP to expand by 3.9 percent on a year-on-year basis for the third quarter of 2022. According to seasonal and calendar-adjusted data, we forecast quarter-on-quarter GDP growth to be -0.7 percent. Thus, we expect the positive quarterly [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[283,275,278],"tags":[],"class_list":["post-10739","post","type-post","status-publish","format-standard","hentry","category-economic-growth-and-forecasts","category-economic-research","category-publications"],"_links":{"self":[{"href":"https:\/\/betam.bahcesehir.edu.tr\/en\/wp-json\/wp\/v2\/posts\/10739","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/betam.bahcesehir.edu.tr\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/betam.bahcesehir.edu.tr\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/betam.bahcesehir.edu.tr\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/betam.bahcesehir.edu.tr\/en\/wp-json\/wp\/v2\/comments?post=10739"}],"version-history":[{"count":1,"href":"https:\/\/betam.bahcesehir.edu.tr\/en\/wp-json\/wp\/v2\/posts\/10739\/revisions"}],"predecessor-version":[{"id":10742,"href":"https:\/\/betam.bahcesehir.edu.tr\/en\/wp-json\/wp\/v2\/posts\/10739\/revisions\/10742"}],"wp:attachment":[{"href":"https:\/\/betam.bahcesehir.edu.tr\/en\/wp-json\/wp\/v2\/media?parent=10739"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/betam.bahcesehir.edu.tr\/en\/wp-json\/wp\/v2\/categories?post=10739"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/betam.bahcesehir.edu.tr\/en\/wp-json\/wp\/v2\/tags?post=10739"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}