3.Quarter Growth is Above Expectations
3.Quarter Growth is Above Expectations- 3rd quarter of the gross national product of periodic data was announced by the Turkey Statistical Institute. Starting from this announcement in the 3rd quarter of the year, Turkey’s economy was found to be 6.7 percent.
While it was determined that there was a negative contribution from the export side in the said increase, the contribution of the rapid increase in the investments section attracted attention.
Turkey’s economy, the recovery momentum of the coronavirus identified and the year in which the negative effects of the outbreak showed less self in the third quarter compared to the same period last year experienced a 6.7 percent increase.
With this performance among G-20 countries, Turkey was recorded as the most rapidly growing countries in the 3rd quarter.
Economists in the survey foresaw the 3rd quarter of the year, a 5.5 percent rise in Turkey’s economy.
20 institutions took part in the growth survey prepared. In the 3rd quarter of this year was 5.5 percent, according to the median forecasts Turkey’s economy will expand.
The institutions taking part in the survey announced their expectations. Among them, the institution that announced the most estimates was 7.1 percent; The institution that stated the least estimate predicted that a 3.5 percent growth would occur.