Economy · Full coverage
OECD Slashes Turkey Growth Forecast, Cites Energy Costs and Mideast War
How 2 Israeli newsrooms (in Hebrew, Russian) covered this story — translated into English and compared side by side.
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By קובי ברקת
First reported by Cursorinfo · 10 hours ago
What happened
The OECD has reduced its 2024 growth forecast for Turkey to 2.7%, citing high energy prices and the Middle East conflict. Inflation forecasts were also raised, though a gradual decrease is expected. Global growth is projected at 2.9%.
- 01OECD cuts Turkey's 2024 growth forecast to 2.7%.
- 02High energy costs and Mideast war impact Turkish economy.
- 03Turkey's inflation forecast for 2026 raised to 31.5%.
- 04Global growth projected at 2.9% for the year.
- 05Saudi economy expected to contract by 1.8%.
Summary translated & synthesized from the sources below by baba. Read each original for the full report.
Full coverage · 2 outlets
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