The Turkish economy continues to see a sustained growth over the last four years (sixteen quarters) with a 4.4 percent growth in the third quarter of 2013 compared to the same period last year, Turkey’s statistical authority (TurkStat) said…
The Turkish economy continues to see a sustained growth over the last four years (sixteen quarters) with a 4.4 percent growth in the third quarter of 2013 compared to the same period last year, Turkey’s statistical authority (TurkStat) said on Tuesday.
In the September to December 2013 period, the Gross Domestic Product (GDP) increased by 4.4 percent in constant prices, compared to the same quarter of 2012 and consistently reached 33.33 billion Turkish Liras.
Also, the calendar adjusted GDP in the fourth quarter of 2013 increased by 4.1 percent compared to the same quarter last year.
Seasonally and calendar adjusted GDP was 0.9 percent compared to the previous quarter.
According to the AA Finace Expectation Survey, economists anticipated the growth rate for the third quarter of 2013 to be 4.2 per cent.
AA