Posts Tagged 2016 Expectations
Q4 2015 GDP: Robust but Vulnerable

Q4 2015 GDP: Robust but Vulnerable

At 4 percent, Turkey GDP’s growth rate remained robust despite a challenging year, primarily driven by strong private and public consumption, and higher gross fixed capital formation in the public sector. In 4Q 2015, the economy expanded by 5.7% y/y comparing favorably with consensus of 5%. That said, adjusted for seasonality and working-day...

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