Turkiye Economy Grew 4.8% in Q2, Above Expectations
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Turkiye economy grew 4.8% in Q2, above expectations
ISTANBUL: Turkiye’s economy grew by 4.8 percent in the second quarter, above expectations despite a prolonged monetary tightening effort, official data showed on Monday. Second-quarter gross domestic product grew 1.6 percent from the previous quarter on a seasonally and calendar-adjusted basis, data from the Turkish Statistical Institute showed. Economists said the quarter had
The Turkish economy grew beyond expectations in the second quarter of 2025. However, economists are cautious about the quality and sustainability of that growth. Domestic demand, exports, and macroeconomic stability will be key factors in determining future growth.
Turkey’s economy grew 4.8 percent in Q2, exceeding expectations - Turkish Minute
Turkey’s economy expanded by 4.8 percent in the second quarter of 2025 compared to the same period a year earlier, according to data released on September 1 by the Turkish Statistical Institute (TurkStat). On a seasonally and calendar-adjusted basis, GDP rose 1.6 percent from the previous quarter. The growth rate exceeded estimates from earlier Reuters and Anadolu Agency polls, which had put year-on-year growth expectations at around 4.1 percent…
Turkey beats expectations with second-quarter GDP growth
GDP up 4.8% year on year Construction and IT grow Offset by farming decline Turkey’s economy grew steadily in the second quarter of 2025, driven by increased activity in construction and IT, and despite a decline in agriculture. Gross domestic product gained 4.8 percent year on year, state statistics agency Turkstat said on Monday. The quarter-on-quarter increase came to 1.6 percent. Construction rose 11 percent year on year from April to June.…
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