Turkish economy returns to growth in the quarter third

Turkish economy returns to growth in the quarter third

Turkey’s economy expanded by 0.9 percent year-on-year in the third quarter of this year, the country’s statistical authority reported Monday.

TURKEY GETS BACK ON GROWTH TRACK

Gross domestic product (GDP) at current prices in Turkey reached 1.15 trillion Turkish liras ($201.9 billion) this July-September, TurkStat said.

The major emerging market economy has a track record of 5 percent growth.

Anadolu Agency’s growth expectation for the third quarter — from a survey conducted by a group of 13 experts — was 1.1 percent.

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