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Published on Monday, September 11, 2017 | Updated on Monday, September 11, 2017

Turkey: Robust 2Q GDP growth, as expected

Summary

2Q17 GDP growth came in at 5.1% yoy, just in line with our expectation. Investment and private consumption were the main contributors whilst government spending contribution was negative for the first time in 9 quarters. We expect even a higher growth performance in 2H so risks on our 2017 forecast are on the upside.

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Turkey-2Q17-GDP-Jun17

English - September 11, 2017

Authors

AK
Asuman Kemiksiz
Alvaro Ortiz
Alvaro Ortiz Head of Economic Analysis with Big Data & AI
BBVA Research
More information
Seda Guler Mert
Seda Guler Mert Chief economist for Türkiye
BBVA Research
More information
Ali Batuhan Barlas
Ali Batuhan Barlas Principal economist for Türkiye
BBVA Research
More information
GO
Gizem Onen

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