Turkey's economy grows 11.1% in third quarter
Turkish President Recep Tayyip Erdogan
Ankara - Egypt Today
Turkey's economy grew by an eye-catching 11.1 percent in the third quarter of 2017, official statistics showed on Monday, with the high reading driven by one-off effects as well as resilient output.
The year-on-year figure -- which President Recep Tayyip Erdogan boasted made Turkey the world's fastest-growing economy -- was even well above the consensus market forecast which had been for 10.0-percent growth.
The economy had grown by 5.3 percent in the first quarter and 5.4 percent year-on-year in the second, according to revised figures.
Growth was driven by construction and services, as well as a strong rise in exports, official data published by the Turkish Statistics Institute (TUIK) showed.
- Sunday ,07 October GMT 12:09 2018 Turkey finance minister says to announce strong program against inflation
GMT 12:09 2018 Sunday ,07 October
Turkey finance minister says to announce strong program against inflationGMT 15:13 2017 Tuesday ,21 November
Turkish lira hits record low against dollarGMT 12:29 2017 Monday ,25 September
Erdogan says Turkey to close Iraqi border, warns Kurds on oilRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launc...Read More
GMT 09:43 2019 Monday ,19 August
Live a calm atmosphere in your career
GMT 13:30 2017 Saturday ,11 March
Arsenal Will Require Miracle to Go Through after Bayern DrubbingGMT 19:20 2012 Tuesday ,13 November
Angela Flanders launches Aqua Alba fragrance
GMT 12:53 2014 Saturday ,18 October
Harrods launches Salon de Parfums
GMT 21:21 2018 Thursday ,13 December
US begins crackdown on Iran sanctions violations
GMT 04:03 2013 Friday ,14 June
IBM\'s layoffs exceed 1600
GMT 10:16 2013 Monday ,18 March
ST-Ericsson to cut up to 1600 jobs worldwide
GMT 08:03 2012 Friday ,28 December
French shipyard given luxury liner contract
GMT 15:52 2017 Sunday ,26 February
GOIC Review Cooperation Aspects with King Abdullah University of Science and Technology
GMT 16:00 2015 Tuesday ,30 June
Eurotunnel: Trains resume service through Channel Tunnel after protest
GMT 13:31 2013 Thursday ,22 August
William Wilde introduces debut men\'s underwear collection
GMT 15:00 2016 Wednesday ,02 March
Leonardo DiCaprio nabs Oscar gold, 22 years on
GMT 11:45 2017 Wednesday ,26 April
Deputy PM receives education seminar participants
GMT 12:08 2017 Thursday ,14 September
VW recalls 4.86 million vehicles in China over faulty airbags
GMT 11:10 2017 Friday ,03 March
UAEU students design car to compete in Singapore eco-marathon
GMT 17:22 2017 Tuesday ,11 April
Trump’s strike against Assad in Syria: The message for Iran
GMT 06:48 2013 Thursday ,31 October
Denmark\'s Noma restaurant \'threatened interns with blacklist\'GMT 10:36 2012 Tuesday ,26 June
Djokovic, Sharapova qualify for Wimbledon 2nd round
GMT 08:11 2012 Monday ,09 January
Olympus sues current and past executives
GMT 05:24 2017 Saturday ,28 January
South Sudan aims to increase oil output
GMT 15:16 2018 Tuesday ,13 November
Climate change losses could trigger 'extinction domino effect'
GMT 08:09 2018 Monday ,12 November
Japanese whalers leave for Antarctic amid international criticism
GMT 11:42 2018 Thursday ,08 November
8 Yemenis killed in random Houthi shelling
GMT 05:46 2014 Wednesday ,19 February
World\'s oldest man reportedly living in India at 117
GMT 14:51 2018 Tuesday ,09 October
Top Egyptian terrorist nabbed in LibyaGMT 09:17 2012 Sunday ,09 December
Senior Yemeni military commander killed in \'Al-Qaeda\' ambush
GMT 14:35 2014 Wednesday ,19 March
DM focuses on quality construction materials
GMT 07:52 2014 Monday ,24 February
Boart Longyear posts full-year net loss of $620m
GMT 11:01 2013 Thursday ,28 March
Honda sets up motorcycle unit in Kenya
GMT 00:06 2015 Friday ,06 March
Mahlab meets with Red Sea governor on donations for Tahya Masr fundGMT 05:40 2012 Sunday ,18 March
Egypt: Pope Shenouda III, aged 89, has died
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor