Turkey: Q2 growth strong, but recession threat mounting

On the face of it, Turkish Q2 GDP data – which surprised on the upside – is positive news. However, it merely confirms our view that the Turkish economy is overheating and it is now more likely than not that a period of good growth will end in recession.

Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.
By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.

Already a client or trialist? Log in to read this.