Searcher
Ali Batuhan Barlas
Ali Batuhan Barlas
Senior Economist
Turkey

Batuhan Barlas works as an 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

IP declined by 1.3% yoy in calendar adjusted terms in May, slightly better than market expectation (-2%). Hence, the annual contraction in IP (c.a.) decelerated further from -4.7% in 1Q19 to -2.6% in the first two months of 2Q19. In absence of new shocks, we maintain our GDP growth forecast at 0.3% for 2019.
IP(cal. adj. ) contracted by 4% yoy in April, worse than market expectation (-2.5%). The deceleration in the yearly contraction still continues but loses some steam. Though, supported by the current momentum and positive base effects of 2H19, in absence of new shocks, we maintain our GDP growth forecast at 0.3% for 2019.
Turkish Economy contracted by 2.6% in annual terms in 1Q19. The economy is now technically out of the recession as the quarterly growth in seasonally and calendar adjusted terms turned into positive by 1.3% after the decline of three previous consecutive quarters. We maintain our GDP growth forecast at 0.3% for 2019.