• Economy

    GDP Growth – TUR

    Growth Rates are revealed for Turkish economy (2019 Q2) As the underlying reasons of recession fears previously discussed under inverted yield curve, I will not dwell on the situation here once again, but rather on an evidence check. This month we will all be looking for the economic data and announcements of leading central banks on the outlook of global demand and supply conditions. And of course with that, their decisions on interest rates, quantitative easing etc.  And the first issue that took my attention today was the release of gross domestic production (GDP) figures in the second quarter of 2019, for Turkey, by the Turkish Statistical Institute. There is…