Turkey: Hard data signals a gradual recovery
Published on Monday, April 10, 2017 | Updated on Tuesday, April 11, 2017
Turkey: Hard data signals a gradual recovery
Summary
The calendar adjusted industrial production (IP) grew by 1% YoY (consensus of 3% and BBVA-GB 4%) in February. Lower than expected growth in IP has not confirmed the robust recovery in soft indicators so far in 2017 but still shows that the economy is gradually recovering toward its potential growth. Our monthly GDP model signals a 4.5% YoY growth in 1Q17.
Geographies
- Geography Tags
- Türkiye
Topics
- Topic Tags
- Macroeconomic Analysis
Authors
Ugur Kucuk
Seda Guler Mert
BBVA Research - Principal Economist
Asuman Kemiksiz
Gizem Onen
Documents and files
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