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30 Nov
13:53

Turkey's third-quarter GDP grows 7.4%, lira concerns

Turkey’s GDP with chain-linked volume index (2009=100) increased by 7.4% in the third quarter compared with the same quarter of the previous year, according to Turkish Statistical Institute (TUIK) data monitored by Kallanish. However, the rapid lira depreciation is likely to temper any optimism stemming from growth. Value added increased by 25.4% in professional, administrative and support service activities, 22.6% in information and communication, 20.7% in …
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