Browsing: Investment Expenditures

Macro View
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Q3 2016: Growth Turned Negative

First, The Revision Turkey’s official statistics office released major revisions to its national accounts data as the data was rebased such that the components are weighted to compile a real GDP statistics by chain-linking with 2009 as the base year. The office also introduced changes…

Macro View
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Turkey: Q2 2016 Recap

Turkey’s real GDP grew by 3.1% y/y in Q2, below the market consensus of 3.7% and our estimation of 3.4%. Of that growth number, 3.4% and 1.7% came from household and public consumption, respectively, which were partly offset by weak foreign demand that a negative…

Macro View
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Investment Expenditures by Businesses

In a previous post about Turkey’s GDP growth, we mentioned the investment expenditures of the private sector as the weakest part of the economy. Poor track record in the component has been undermining the growth for a dozen of quarters. Companies allocating less money to extend their…