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    Ali Batuhan Barlas
    Ali Batuhan Barlas
    BBVA Research - Principal Economist

    Batuhan Barlas works as a Principal Economist at Garanti BBVA since September 2016. His main responsibilities include development and management of macro-econometric models, generating macro-financial forecasts and macroeconomic analysis of Turkey in general.

    He received his BA degree in Economics from Bogazici University, Istanbul. He continued his graduate studies in Economics at Bogazici University and the University of Maryland, College Park.

    Prior to joining Garanti Research, he worked as a Research Assistant at Bogazici University and Risk Management Specialist at Fibabanka.

    Latest publications

    July 19, 2024

    Türkiye | Pending an effective rebalancing in activity
    The economic activity decelerates further especially driven by the weakening in industry. Aggregate demand remains stronger than supply, keeping inflationary pressures alive. Risks would be on the upside for our 2024 GDP forecast of 3.5%, considering the strong performance in 1H24 and continuing supportive fiscal stance.

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    June 13, 2024

    Türkiye | Deceleration in economic activity in 2Q24

    After the strong growth performance (2.4% q/q) in 1Q24, our monthly GDP indicator nowcasts 0-0.5% quarterly growth in 2Q24. Considering the strong performance of 1H24, risks start to be tilted slightly to the upside for our 2024 GDP forecast of 3.5%. Yet, lagged effects might put 2025 GDP growth under pressure.

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    May 7, 2024

    Türkiye | No clear cooling sign in activity
    Observing no clear signs of deceleration, we nowcast a quarterly GDP growth closer to 1.5% as of May. Given the current solid performance and the lagged impact of the expected tighter policies in 2H, we eliminate our previous slight downward bias and now assess the risks on our 2024 GDP growth forecast of 3.5% are balanced.

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