• İstanbul 15 °C
  • Ankara 12 °C

Turkey's economic growth soars in first quarter of 2016

Turkey's economic growth soars in first quarter of 2016
4.8 pct GDP growth rate beat analyst expectations of 4.4 pct

ANKARA (AA) - Turkey's Gross Domestic Product (GDP) growth soared at a rate of 4.8 percent in the first quarter of 2016 compared with the same period in 2015, the Turkish Statistical Institute (TurkStat) reported Friday.

The figure exceeded consensus analyst estimates of 4.4 percent.

Gross Domestic Product in the fourth quarter of 2015 rose to 31.7 billion Turkish liras ($11 billion), up 4.8 percent compared with 30.1 billion liras in the first quarter of 2015, TurkStat said.

Performance in the first quarter pushed overall annual GDP growth to 4.8 percent, with cumulative GDP reaching 499.3 billion Turkish liras in current prices ($172 billion), it added.


source: News Feed
This news is a total 229 time has been read
UYARI: Küfür, hakaret, rencide edici cümleler veya imalar, inançlara saldırı içeren, imla kuralları ile yazılmamış,
Türkçe karakter kullanılmayan ve büyük harflerle yazılmış yorumlar onaylanmamaktadır.
This news yet comment has been added .
Other News
  • UPDATE - Turkey's Borsa Istanbul down 0.26 pct at close25 September 2018 Tuesday 19:23
  • UPDATE - US sanctions 4 top Venezuelan officials25 September 2018 Tuesday 19:18
  • Turkey's Borsa Istanbul down 0.26 pct at close25 September 2018 Tuesday 18:23
  • Turkish Treasury holds auction to borrow $386M25 September 2018 Tuesday 17:48
  • US sanctions 4 top Venezuelan officials25 September 2018 Tuesday 17:48
  • Global crude steel output up in August25 September 2018 Tuesday 16:08
  • Turkey, Azerbaijan to cooperate in defense, aviation25 September 2018 Tuesday 15:33
  • Istanbul to host int'l housewares buyers in November25 September 2018 Tuesday 15:08
  • Over 1 billion gigabytes data generated daily: Expert25 September 2018 Tuesday 12:08
  • Turkey's Borsa Istanbul up at open25 September 2018 Tuesday 10:18
  • All Rights Reserved © May 2014 US Muslims | Unauthorized and the resources published.
    Haber Scripti: CM Bilişim