Türkiye's economy projected to grow 3.9% in Q3

Türkiye's economy projected to grow 3.9% in Q3

Country's annual GDP likely to grow 5.2% in 2022, according to economists

By Erhan Cihan Unal

ANKARA (AA) - Türkiye's economy is projected to grow 3.9% year-on-year in the third quarter of 2022, an Anadolu Agency survey revealed on Tuesday.

The Turkish Statistical Institute (TurkStat) will release GDP figures for the July-September period on Wednesday.

A group of 15 economists expected an average of 3.9% growth year-on-year in the third quarter, hovering between 3% and 4.8%.

The economists also forecast that Türkiye's annual GDP in 2022 would grow 5.2% on average – lowest at 4.5% and highest 5.7%.

The country's GDP grew 7.5% in the first quarter and 7.6% in the second quarter of this year.

*Writing and contribution by Gokhan Ergocun in Istanbul

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