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.November 20, 2024
Growth outlook remained weak, while the demand indicators point to a slower-than-desired correction. Considering tight financial conditions and the gradual moderation in domestic demand, we expect the economic growth to reach 3.2% in 2024 but downside risks are increasing on our 2.7% growth forecast for 2025.
October 17, 2024
The moderation in domestic demand continues, while the production side demonstrates a clearer worsening trend in 3Q. We expect GDP growth to be 3.2% and retreat further to 2.7% on restrictive monetary policy, tight financial conditions and expected fiscal consolidation in 2025.
September 17, 2024
Economic activity continued to weaken on tighter financial conditions and demand may slow down further in 3Q. We have updated our 2024 growth forecast to 3.2% from 3.5% on base effects, and our 2025 growth forecast to 2.7% from 3.5% on the lagged impact of restrictive monetary stance and fiscal consolidation.
