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Published on Tuesday, April 16, 2019

Turkey | IP consolidates the "bottoming-out" signals

Summary

Industrial Production (IP) contracted by 5.1% yoy in calendar adjusted terms in February (-6.2% Consensus& -6.7% BBVA Research). IP (sca) recovered by 0.7% in the first 2 months of 2019 compared to 4Q18. A prudent economic policy stance is key to maintain the recovery in the coming quarters as the new round of financial volatility poses some risks for the rest of the year.

Geographies

Topics

Authors

Seda Guler Mert BBVA Research - Principal Economist
Alvaro Ortiz BBVA Research - Head of Analysis with Big Data
Ali Batuhan Barlas BBVA Research - Senior Economist
Adem Ileri BBVA Research - Senior Economist

Documents and files


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Report (PDF)

Turkey-Activity-Pulse-April2019

English - April 16, 2019

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