Türkiye | GDP grew by 5.9% y/y in 3Q
Turkish economy grew by 5.9% y/y in 3Q, above the market consensus of 5.3% but parallel to our expectation of 6%. Seasonal and calendar adjusted GDP lost momentum (0.3% q/q) after its strong acceleration in 2Q (3.3% q/q). Despite some slowdown, domestic demand remained stronger than production