Trade Resources Economy Turkey's GDP in The Q2 of The Current Year Grew by 9.7 Percent

Turkey's GDP in The Q2 of The Current Year Grew by 9.7 Percent

On September 10, the Turkish Statistical Institute (TUIK) announced that Turkey's gross domestic product (GDP) in the second quarter of the current year grew by 9.7 percent to TRY 423.92 billion ($192.08 billion) in current prices and by 2.1 percent in constant prices to TRY 30.8 billion ($12.50 billion), both compared to the second quarter of 2013.

On the other hand, in the second quarter of this year, Turkey's seasonal and calendar adjusted GDP decreased by 0.5 percent compared to the first quarter of this year.

According to the TUIK data, Turkey's manufacturing sector contributed 25.4 percent in constant prices to Turkey's overall GDP in the second quarter of 2014.

Source: http://www.steelorbis.com/steel-news/latest-news/turkish-economy-grows-21-percent-in-q2-845184.htm
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Turkish Economy Grows 2.1 Percent in Q2
Topics: Metallurgy