Published on Friday, July 14, 2017 | Updated on Friday, July 14, 2017
Turkey: May IP hints a more balanced outlook
Summary
Industrial production (IP) grew by 3.5% in May (calendar adjusted, YoY), signaling that economic activity maintains its momentum in 2Q17. Our monthly GDP indicator (GBTRGDPY index at Bloomberg) also confirms this with a growth rate close to 5% YoY by June (with 26% information so far).
Geographies
- Geography Tags
- Türkiye
Topics
- Topic Tags
- Macroeconomic Analysis
Documents and files
Authors
SG
Seda Guler Mert
BBVA Research - Principal Economist
AK
Asuman Kemiksiz
GO
Gizem Onen