Published on Monday, December 12, 2016

Turkey: 3Q GDP falls sharply

Summary

Turkish 3Q GDP contracted sharply by -1.8%, clearly below the market median call of a +0.5% contraction and our own expectations of -0.6%. However, GDP data contains major revisions after revision to ESA-2010 with 2009 as the new base-year.

Geographies

Topics

Authors

Ugur Kucuk
Seda Guler Mert BBVA Research - Principal Economist
Asuman Kemiksiz
Gizem Onen

Documents and files


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Report (PDF)

turkey-3q-gdp_dec16_revised

English - December 12, 2016

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