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Published on Tuesday, July 25, 2017

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Turkey Economic Outlook. Third quarter 2017

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Summary

The Turkish economy’s “V” shaped recovery is well alive and the pace of the recovery gained momentum with 5% GDP growth in 1Q. Our monthly GDP indicator suggests a similar growth in 2Q supported by fiscal and macroprudential stimuli provided by CGF. Inflation will remain elevated until the end of the year.

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