Turkey: GDP down 1.8 pct in 3rd quarter
Growth rate down from 3.1 percent in second quarter of 2016, lower than analyst estimates of -0.15 percent
By Bahattin Gonultas
ANKARA (AA) – Turkey's economy contracted 1.8 percent year-on-year in the third quarter of 2016, the Turkish Statistical Institute reported on Monday.
This followed growth of 3.1 percent in the second quarter of the year, according to official data
Monday’s figure exceeded analyst consensus estimates of minus 0.15 percent.
More information to follow.
Kaynak:
This news has been read 359 times in total
Türkçe karakter kullanılmayan ve büyük harflerle yazılmış yorumlar onaylanmamaktadır.