Posts Tagged Government
Growth is Set for a Q4 Comeback?

Growth is Set for a Q4 Comeback?

Turkish government lowered its 2016 GDP growth target to 3.2% in its Medium Term Plan about a month ago. Also, the results of the central bank’s survey of expectation point to a same level of output growth for 2016 in October, coming down from 3.67% in July. Put together, Turkey had experienced a severe economic slowdown during Q3 -we believe there is good chance that seasonally adjusted GDP growth will be negative-. Given the rise of 3.9% in...

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