Economy ReportsFinance & Economy

Turkish Parliament starts negotiating 2013 budget

"Share this post on social media, spread the news"

Turkey’s gross domestic product growth in the third quarter was announced as 1.6 percent, by Turkish Statistics Authority (TÜİK) today.

It is noteworthy that this figure was far below the market expectation (which was around 3 percent). The growth in the third quarter of last year was 8.2 percent.

Down below are the results revealed by the authority. (BTT)

GROSS DOMESTIC PRODUCT, III. QUARTER 2012

The third quarter gross domestic product in 2012 compared to the same quarter of previous year increased by 1,6% in constant prices.

The third quarter growth rate of gross domestic product in 2012 increased by 7,7% and reached to 377 584 Million Turkish Liras in current prices.

The third quarter growth rate of gross domestic product in 2012 increased by 1,6% and reached to 31 594 Million Turkish Liras in constant prices.

The nine months growth rate of gross domestic product in 2012 increased by 10,5% and reached to 1 057 348 Million Turkish Liras in current prices and increased by 2,6% and reached to 87 655 Million Turkish Liras in constant prices.

Calendar adjusted gross domestic product in third quarter of 2012 increased by 1,9% compared to the same quarter of previous year, seasonal and calendar adjusted GDP increased by 0,2% compared to previous quarter.

10.12 2012
SOURCE: TUIK

Leave a Reply

Your email address will not be published. Required fields are marked *

EDIRNE VIDEO BANNER 200424