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21 Sep
14:40

OECD raises Turkey’s economic growth forecast

The Organization for Economic Cooperation and Development (OECD) has revised upwards its forecast for Turkish economic growth in 2021 to 8.4%, from its 5.7% projection in May. However, it lowered its growth expectation for Turkey in 2022 by 0.3 percentage points to 3.1%. The OECD raised its year-end headline consumer inflation expectation in Turkey from 16% to 17.8% for 2021, and from 12.8% to 15.7% for 2022. It meanwhile lowered its US economic growth expectati…
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