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Published on Monday, January 8, 2018 | Updated on Wednesday, January 10, 2018

Turkey | IP implies strong growth in 4Q

IP grew by 7.0% yoy in November (cal. adj.) in line with expectations. After growing 10% in 3Q, yearly IP growth rate in October-November moderated to 7.2%. Our monthly GDP indicator nowcasts 6.8% yoy in December, implying a whole year growth rate slightly above 7% in 2017.