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Published on Monday, May 9, 2016 | Updated on Tuesday, May 10, 2016

Turkey | Activity Moderation Towards Potential

Summary

Industrial production grew by 4.7% YoY in March, undershooting the consensus estimate of 5%, while calendar adjusted figure was even lower at 2.9% . Retail sales grew by 4%. Production and demand side data pointed at a modest slowdown in March confirming the earlier easing signals from the confidence indicators.

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Report (PDF)

Turkey Activity Pulse_May16-1

English - May 9, 2016

Authors

GD
Gonzalo De Cadenas Santiago
SG
Seda Guler Mert BBVA Research - Principal Economist
AK
Asuman Kemiksiz
UK
Ugur Kucuk
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