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ING economist Muhammet Mercan forecasts Turkey’s GDP growth to reach 3.9% in Q4 2025, with a full-year 2025 projection of 3.8%, driven by resilient domestic demand. However, the report notes a gradual loss of momentum in quarterly growth, raising concerns about inflationary pressures and policy challenges. The outlook highlights Turkey’s economic resilience amid global uncertainties but underscores risks from rising inflation and currency volatility. This could impact forex markets, particularly the Turkish lira, as investors weigh growth prospects against macroeconomic vulnerabilities.
