We have warned about the risk of a sharp slowdown in Turkey for some time and this now seems to be materialising. The economy is likely to experience a quarter or two of negative growth this year. A strong Q1 means that GDP growth will be around 3.5% over 2018 as a whole and we expect growth to slow further to 2.5% in 2019. That would be a much weaker performance than most currently anticipate.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services