Published on Monday, May 8, 2017
Turkey: Gradual Recovery Underway
Summary
Incoming data suggest the gradual recovery in economic activity is still underway. Our monthly GDP indicator signals economic activity to grow at 3.3% YoY, slightly lower than 4Q16 growth of 3.5%. We think that lagged impacts of Government incentives on top of rapid credit expansion and tax cuts will be supporting growth, especially in 2H17
Geographies
- Geography Tags
- Türkiye
Topics
- Topic Tags
- Macroeconomic Analysis
Documents and files
Authors
UK
Ugur Kucuk
SG
Seda Guler Mert
BBVA Research - Principal Economist
AK
Asuman Kemiksiz
GO
Gizem Onen