Turkey | Growth moderates but still robust
Published on Friday, June 10, 2016
Turkey | Growth moderates but still robust
Summary
GDP growth moderated to 4.8% YoY in 1Q16 from 5.7% of the previous quarter, but still higher than market expectations (4.4%). Strong private and government consumption are behind the robust data while private investments and net exports contracted. Tourist related sectors were hit but not sharply.
Geographies
- Geography Tags
- Türkiye
Topics
- Topic Tags
- Macroeconomic Analysis
Authors
Gonzalo De Cadenas Santiago
Seda Guler Mert
BBVA Research - Principal Economist
Asuman Kemiksiz
Ugur Kucuk
Documents and files
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