Damn the torpedoes...

TURKEY - Report 29 Feb 2024 by Murat Ucer

The Turkish economy grew by 4%, y/y, and 1%, q/q, in the final quarter of last year, with the latter, in particular, sharply stronger than we and, as far as we can tell, the consensus had expected. In 2023 as a whole, GDP growth was 4.5%, down from 5.5% in 2022 (Graphs 1-2).

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