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Tag Archives: while domestic demand tumbled. The central bank has since slashed rates to revive activity.

Turkey GDP growth regains momentum

Turkey’s economy grew 0.9% year-on-year tmsnrt.rs/2P6vV18 in the third quarter, breaking three consecutive quarters of contraction as it shook off a recession which followed last year’s currency crisis. Turkey has a track record of 5% growth, but a 30% slide in the lira last year pushed up inflation and interest …

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