• Economy

    GDP Growth – TUR

    Growth Rates are revealed for Turkish economy (2019 Q3) The year 2018 was a downward path for most of the economies and the picture for Turkey was not different. After the leading central banks decided to cut rates and opted a quantitative easing we have witnessed a pick up on global demand during the course of this year. Together with the trade deal optimism supply side was also in recovery. According to expenditure based gross domestic production (GDP) data, which was released by the Turkish Statistical Institute (TUIK), Turkish economy has recorded a 0,9% growth at the third quarter of this year compared to the last year’s same period. It…