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March 2, 2026 9:16 PM UTC
Bottom Line: The Turkish Statistical Institute (TUIK) announced Q4 2025 and full-year GDP growth for 2025 on March 2. Turkish economy expanded by 3.6% y/y in 2025 (3.4% y/y in Q4), underpinned by domestic demand while the main drag came from net trade as annual exports of goods and services declined
March 2, 2026 3:54 PM UTC
We expect January durable goods orders to see a second straight moderate decline, of 0.6%, as a November surge in aircraft orders continues to correct, but ex transport we expect continued underlying strength to be shown, with a rise of 0.7%.
March 2, 2026 3:25 PM UTC
February’s ISM manufacturing index at 52.4 is only marginally down from January’s 54.6 which was the highest August 2022. We now have two straight clearly positive numbers to follow two straight negatives, a sign that manufacturing activity is picking up in early 2026.

March 2, 2026 7:44 AM UTC
· If the war is short (ie 1-2 weeks) and leads to a ceasefire then the global economic impact will be small, with the greatest impact in the middle east of oil/gas supplies on a temporary basis and tourism. If the war is more prolonged (ie months) then oil/gas supplies could be sque