Analysis by Region - MENA
We've kept our 2025 GDP growth forecast for Turkey unchanged at 1.9% as we expect economic momentum will remain downbeat over the near term. This follows the Q3 GDP data release, which showed an expansion of 2.1% y/y, matching our projection. The consumer adjustment remains gradual but sentiment dipped in November amid the slow improvement in the inflation trend. The authorities will seek to limit downward pressure on activity, with Turkey's central bank on the cusp of rate cuts.
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook