Turkey's economy grew by 3.9% YoY (Tera: 4.8%, consensus: 4.4%) in 3Q22, declining sharply from the revised 7.7% growth performance in 2Q22, marking the beginning.
The CBRT lowered the benchmark interest rates again, and at its subsequent third meeting, signaled that the end of the cuts, which deepened the extremely loose.
Consumer price inflation continued to rise in October, increasing by 3.54% on a periodic basis (in line with the market expectation, below our expectation of 4.6%),.
It was understood that it would not be a surprise if the Central Bank of the Republic of Turkey, which has also accustomed the market to the implementation of new.