Q2 Recap: Economy Regaining Momentum
Turkish economy has appeared to be regaining momentum and followed the path of recovery after a dismal record in the second half of last year. After 1Q17 when Turkey posted a growth rate that exceeded expectations, economic indicator overall suggested the continuation of the economic upswing and we now estimate that Turkey will post another...
Q4 2016 GDP Preview: Recovering but Subdued
Q4 2016 GDP data will be posted this Friday, probably mark a recovery from Q3 when a negative figure was recorded as the consensus estimates signal a 1.9% annual change in GDP, corresponding to 2.2% growth for FY 2016.
We believe that Q4 GDP growth is likely to exceed estimations as we see strong exports and...