Turkey | Revised IP series better fits GDP
Published on Monday, March 19, 2018 | Updated on Monday, March 19, 2018
Turkey | Revised IP series better fits GDP
Summary
IP grew by 12% yoy (cal. adj.) in January (up from 10.7% in 4Q17) above the market consensus of around 7%. IP data is revised with 2015 as the new base year. The new IP portraits a higher correlation (94%) with the new GDP series and a higher growth performance after 2010 (2.5pp on average).
Geographies
- Geography Tags
- Türkiye
Topics
- Topic Tags
- Macroeconomic Analysis
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Authors
Seda Guler Mert
BBVA Research - Principal Economist
Serkan Kocabas
Adem Ileri
BBVA Research - Senior Economist
Ali Batuhan Barlas
BBVA Research - Senior Economist
Documents and files
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