Turkish retail sales and industrial production both fell again in m/m terms in September and GDP growth looks to have slowed sharply in the third quarter as a whole. The impact of policy tightening will take a heavier toll in Q4 and cause GDP growth to slow sharply into next year, which will go a long way to alleviating Turkey’s large macro imbalances.
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