Seda Guler Mert
Seda Guler Mert
Principal Economist

Seda Guler works as a Principal Economist and has been within the team since the start of 2012. Her current responsibilities cover specifically the macroeconomic analysis of Turkey together with the update of several econometric models and the management of the whole team including financial stability, politics&geopolitics and quantitative analysis&economic modeling.

She made a major degree in Economics and a minor degree in Mathematics at Middle East Technical University (METU), Ankara. She also made her Master’s degree in Financial Engineering at Bogazici University, Istanbul.

Latest publications

Consumer prices increased by 0.58% in July, this time surprising on the downside (1% BBVA Research vs. 0.8% Consensus). Led by the positive base effects, annual inflation decelerated to 11.76% from 12.62% in June. We expect consumer inflation to stay at two-digits and to be realized at 10% at the end of the year
Industrial Production (IP) in May contracted by 20% yoy in calendar adjusted terms, which signals a gradual recovery after the sharp drop of 31% in April. The month-on-month recovery at 17% also proved to be the strongest monthly increase historically. We maintain our GDP growth estimate at 0% for 2020.
Consumer prices increased by 1.13% in June, remaining significantly above both the consensus and our expectation (0.6% vs. 0.45%). Thus, also led by the negative base effects, annual inflation accelerated to 12.62% from 11.39% in May.