Published on Monday, October 9, 2017 | Updated on Monday, October 9, 2017
Turkey: Robust Activity in 3Q
Summary
In August, industrial production (IP) growth came in at 5.2% yoy (cal.adj.) and retail sales index’ growth rate accelerated further. As August data signals further acceleration in the economic activity, our monthly GDP indicator (GBTRGDPY Index at Bloomberg) nowcasts 8.2% growth for 3Q (26% information for September).
Geographies
- Geography Tags
- Türkiye
Topics
- Topic Tags
- Macroeconomic Analysis
Documents and files
Authors
AK
Asuman Kemiksiz
SG
Seda Guler Mert
BBVA Research - Principal Economist
GO
Gizem Onen