Turkey: IP confirms a sharper GDP deceleration in 3Q
Published on Tuesday, November 8, 2016
Turkey: IP confirms a sharper GDP deceleration in 3Q
Summary
The industrial production (IP) contracted by 3.1% (WDA YoY) in September in line with our forecasts (-3.1%) but significantly below the market expectations (2.5% growth). 3Q IP growth realized at -3.2%, a quarterly contraction for the first time since 3Q09. The rest of high frequency activity indicators were also below normal.
Geographies
- Geography Tags
- Türkiye
Topics
- Topic Tags
- Macroeconomic Analysis
Tags
Authors
Seda Guler Mert
BBVA Research - Principal Economist
Ugur Kucuk
Asuman Kemiksiz
Gizem Onen
Documents and files
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