Turkey: Robust Activity in 3Q
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
Authors
Asuman Kemiksiz
Seda Guler Mert
BBVA Research - Principal Economist
Gizem Onen
Documents and files
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