Turkey: IP signals private demand recovery
Published on Thursday, June 8, 2017 | Updated on Thursday, June 8, 2017
Turkey: IP signals private demand recovery
Summary
April industrial production (IP) data signals that the economic activity is gaining momentum in 2Q17. Our monthly GDP indicator confirms this with a growth rate close to 4% YoY by April, marginally higher than our 1Q17 growth expectation of 3.2%. All in all, we maintain our 2017 growth estimate at 3% with risks on the upside.
Geographies
- Geography Tags
- Türkiye
Topics
- Topic Tags
- Macroeconomic Analysis
Tags
- Tags
- GDP
- Industrial production
Authors
Asuman Kemiksiz
Seda Guler Mert
BBVA Research - Principal Economist
Ugur Kucuk
Gizem Onen
Documents and files
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